Why so the oil companies sell it on the world market for the going price and most of it goes to China/India? You are right, they need to make even more record profits. While they are raking in that money they will be using all of the U.S. oil reserves that we may need down the road when it really hits the fan. Drilling here now will only hurt our future, there is no way that domestic oil will be drilled and sold to us at a discounted rate. What company would agree to drill if that was the case?