@georgeob1,
georgeob1 wrote: I didn't suggest that low levels of oil production would necessarily create a boom, and I think you know that.
Indeed. My impression was that you said
high levels of oil production would boost the economy. And sure enough, the rest of your response indicates that you do indeed believe that. My counterpoint was, and is, that it doesn't. Oil production is a tiny fraction of America's GDP. It just isn't big enough to make much of a dent in the variables you list --- not on a national scale.