Good point. Additionally, the US did not stop the exports of oil though any federal trade policy when prices went from ~2 - $7 per gallon. Exports continued a

Good point. Additionally, the US did not stop the exports of oil though any federal trade policy when prices went from ~2 - $7 per gallon. Exports continued at a in the ~3,500 barrels per day. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=wcrexus2&f=4 https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w... In 2021 imports were slightly higher the exports: https://www.eia.gov/tools/faqs/faq.php?id=727&t=6#:~:text=Crude%20oil%20imports%20of%20about,countries%20and%204%20U.S.%20territories https://www.eia.gov/tools/faqs/faq.php?id=727&t=6#:~:text=Cr.... In short, another tool the fed could use to lower prices would be to ban or reduce exports of US oil when prices are high.