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The error in many peoples thoughts is thinking that these people who control the oil care about us "unwashed".Dub, do you know how many barrels of oil are sitting in the strategic reserve? Know Biden took down somewhat, when he stopped shale drilling, but thought Trump refilled. Anyway, above is correct, Big Oil would send a tanker abroad at +$2.00 or $20 more than they could get domestically. Learned when prices are low, extraction rates are reduced. When prices sky, opposite occurs. Gotta keep oil flowing, or the oil disappears in the seams. But my point being, that reserve could be used to defray cost to consumer.
