Well, its a bit tongue in cheek in that I'm not proposing anything really. My overall point is that the US government massively subsidizes foreign-owned oil and gas companies
https://www.eesi.org/papers/view/fact-sheet-fossil-fuel-subs...
Of course, those are written subsidies. There is the major subsidy of allowing them to drill for oil on the publics land.
Of course, we've massively increased the amount of drilling we've allowed do the drum beat of "energy independence", when the reality is that because the oil is privately owned, no amount of oil drilling will actually make the price of gasoline stable or cheap for consumers.
What we actually need to do is move away from a gasoline based economy, but until then the government should heavily tax exports of oil to discourage foreign-owned companies from exporting it while we have a shortage here. Oil and gas lobbyist have been using their corporate owned politicians in Congress to block moving to sustainable energy since the Carter administration. We need massive investment in sustainable energy and energy efficient transit and manufacturing.
But we wont. The price of gas will go down again. Americans will buy even bigger cars, and then cry when OPEC jacks the price up again.