The smallest hint of oil surplus leads to a real fall in oil prices!

Today, the mere hint of a fairly insignificant surplus in U,S. oil reserves pushed down current oil prices and energy-related futures and other speculative plays.   Can you imagine the reaction to an announcement of a new source of U.S. oil reserves?  Of renewed off-shore drilling capacity?  Relaxed EPA standards? Additional refinery capacityA?  Our energy prices would be cut in half and we'd be so much less likely to war with oil-rich nations on whom we now depend for the functioning of our economy and who, indirectly or not, limit our economic and personal freedoms.