Sounds great but?
The practical benefits of energy independence are mixed. Oil is traded on the global market. The price of oil in the USA will only go down to the extent that selling domestically will bring more than selling to foreign buyers less the cost of shipping. It will improve the balance of payments, but that's not the biggest problem with the economy any more. It will move some jobs back to the USA, always a good thing. Over time, though, it's uncertain what the pay & benefits will be for these non-union jobs.
The USA will no longer have to defend the oil routes from the Arabian Peninsula to the USA. That would have been a big help during the Cold War when the Soviet Navy probably had more submarines than the US Navy could stop. There's no such opponent now. If the US Navy backs away from the Persian Gulf & the Straits of Malacca because little oil goes to the USA, will the Chinese Navy take its place? What will that do to the global balance of power?
