[Mashimo]

But it gets traded globally. That means if the price goes up in Asia, it also goes up in NA.

[greeneggs]

It doesn't have to be traded globally. The US could ban oil and gas exports, and that would decouple local prices from the global market.

[frm88]

Why the US can't use its own oil: it's the wrong type. https://blog.drillingmaps.com/2025/06/this-is-why-us-cant-us...

[energy123]

Imports into the US will experience inflation regardless. Semiconductor imports from East Asia are one example, since they depend on helium and energy from the Gulf.

[Erem]

tbh I’m kind of surprised the admin hasn’t enacted export tariffs on oil and gas already to take the pressure off car owners.

Wouldn’t do anything to the prices of imported products since the entire intl supply chain would be subject to even higher prices, but would reduce pressure at the pump