Unless the US stops all of its oil producers from engaging in international trade
It could, though. The fossil fuel lobby would oppose this, of course, but they’re not the only lobby. Never mind the fact that all of Trump’s supporters drive oversized vehicles. Amazon doesn’t want high fuel prices, neither do Uber or DoorDash, neither do GM or Ford or Stelantis, neither do farmers, neither do construction companies, neither do data centers, neither do military contractors or the Pentagon, and so on. There are a lot of economic and political forces that want to keep fuel prices down.
This would begin a collapse of the old economic order, of course. If Canada and Mexico could be convinced to go along with this, lead by the US’s new “hemispheric dominance” strategy, we might see oil prices totally diverge between East and West.
It could, though. The fossil fuel lobby would oppose this, of course, but they’re not the only lobby. Never mind the fact that all of Trump’s supporters drive oversized vehicles. Amazon doesn’t want high fuel prices, neither do Uber or DoorDash, neither do GM or Ford or Stelantis, neither do farmers, neither do construction companies, neither do data centers, neither do military contractors or the Pentagon, and so on. There are a lot of economic and political forces that want to keep fuel prices down.
This would begin a collapse of the old economic order, of course. If Canada and Mexico could be convinced to go along with this, lead by the US’s new “hemispheric dominance” strategy, we might see oil prices totally diverge between East and West.
I have no idea what is going to happen.