A relief in the short term..until the ''shortages''emerged,the oil companies would not allow it to continue. They would simply divert a portion of what would've come here to a market where there were no price controls.
Corporations have stockholders,they expect gains on their investments,not break even or losses.A company whose stockholders are not 'happy' with their dividends will find themselves out of business in short order.
The taxes are onerous,they account for most of the price per gallon...govt regulation is choking our ability to develope sources here in the US,the whacko enviromentalists impede oil companies at almost every turn.Just recently here in New Mexico,the state has enacted regulations that increase the cost of exploration and drilling,adding an estimated $300,000 to $500,000 per well.''To protect the land,or to preserve the land''.That is ''out of pocket'' expenses for the companies..they naturally pass that cost on to the consumer.
It's your ''green'' neighbor and their 'special interest' lobbies that are ultimately responsible.Kill their influence and prices will drop dramatically.