It may sound well and good but “drilling in ANWR” wouldn’t have any impact on the price of Brent crude. No one is going to drill in ANWR and sell it below the latest market value. It would still be priced according to what the commodities exchange and world event dictates.

And on a similar note. If we stopped buying Saudi oil and that suddenly resulted in a drop of the Saudi GDP it would also mean less orders for Boeing providing aircraft for Saudi airlines and other negative trade benefits.

Wake up tomorrow and it will all be the same way. Day in. Day out.