> technically if export restrictions are put up the Americans will likely be fine

Technically no. The oil we export isn’t a fit for the oil we refine. We’re slaved to the global market, though our exports do give us a tool. (Unfortunately, it requires taxing oil production (since we can’t tax exports [1]) to pay for, ideally, a monthly cheque to every American, and less ideally, a refiner credit to push down domestic gas prices.

[1] https://constitution.congress.gov/browse/essay/artI-S9-C5-1/...