Now everyone will again have to go kiss the asses of the Arab region, and beg for increases in production.
When the USA helped the Arabs to locate the oil back in the 20's and 30's, there were many payoffs. They would come to the US on shopping trips, and go back with plenty of stuff paid for by others.
I think they sold the oil for around 10 cents a barrel or something like that. And still made millions of millions.