It’s better than being a net importer but we are still completely exposed to global oil prices which are manipulated by a cartel of not super friendly countries.

Innovator’s dilemma for US. Although they are a producer, the oil industry lobbies hard, they fund elections. They are deep.

US is too addicted to cheap oil, that we hamper ourselves away from cheap solar/wind energy.

Arizona, Florida, California … southern states of US ought to be having the cheapest electricity but we have one of the most expensive.

China spends a fortune importing oil and coal. If they can get cheap energy, which they likely will, they leap frog ahead.

China is playing the long game, while the boomer governed US is only thinking for their lifetimes.