I remember reading (source:?) that the US has had a (unofficial) policy since the 60s that they will import and buy oil internationally rather than rush to exploit internal oil reserves. The intention is to keep some in reserve for when the rest of the world runs out of oil.
How true it is, and how well US has kept to that I do not know, but it does speak of a degree of control and strategy one does not normally associate with governments.
Maybe but it means a coherent focused government policy applying for decades controlling sone of the most rapacious and powerful industry interests known.
If it's a smackdown between a n other us administration and the whole oil industry I would not bet on the politicians needeing reelection
How true it is, and how well US has kept to that I do not know, but it does speak of a degree of control and strategy one does not normally associate with governments.