[stu2b50]

Not fully insulated - US oil prices should also go up when marketplaces as a whole does. However, the laws of physics indicate that domestic markets are still cheaper to supply to - if it is at all possible (and LNG is more quite a bit expensive than pipelines).

Furthermore, a super strong dollar when US oil production is sold in, of course, dollars makes other parts of the world that want to purchase more US energy in lieu of Russian energy pay top dollar for it compared to domestic customers.