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A strong production would raise these questions.
Even if America got all the oil it needed from Alaska, a cut in OPEC production would raise the price of Alaskan crude just as high as it would raise the price of Saudi crude.
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And Chevron has held off on further production investment that would raise the daily total to about a million barrels.
When Bush made his first appeal in January the Saudi oil minister said that oil production was at normal levels and the kingdom would raise production only when the market justified it.
Several producers, including Saudi Arabia, have hinted that they now want to increase production to help push the price per barrel back to the low $20's, though an agreement on how much they would raise production has not been reached.
But Mr. Naimi said Saudi Arabia would raise production only "when the market justifies it".
Indeed in Mexico City today, the energy minister announced that the country would raise production by 150,000 barrels a day.
Crude oil fell 99 cents, to $88.32 a barrel, on the New York Mercantile Exchange amid speculation that OPEC would raise production today.
That would raise production costs in a few industries, such as steel, but would provide bigger benefits to the economy as a whole.
That ought to weaken the main protectionist pressure which constrains exports.Allowing oil exports would raise production at home, helping local drillers.
Bijan Zanganeh, the Iranian energy minister, has already put in a plea for a production cut: limiting supply would raise prices and increase national income from fossil fuels.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com