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Notes -
My understanding is that unlike the gulf states, where oil is the main export, for the US oil is more of a side hustle (on the order of 10% of the total exports or so). A higher oil price will tank the world economy, and that will hurt US exports in other areas far more than their increased revenue from selling oil.
There is a reason that the US has been very active in the ME for longer than I have been alive, and charitably it comes down to the US faring worse if the oil price skyrockets. There is also the fact that the global oil trade is mostly conducted in dollars, which enables the US deficit as countries stockpile US currency.
If the US decides that they have their own oil and don't care about the global market, before long oil will be traded in yuan.
I will grant you though that a high oil price will hurt other Western countries more than it hurts the US, but then again it does not take a lot of economic hurt to lose an election.
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