“Drill, baby, drill!” has always been an immensely stupid rallying cry, even if you don’t care about the environment.

But a funny one, if it was in an Austin Powers movie.

Fun fact #2: Not all oil is equal. Refineries are designed to process certain grades of oil into specific products, and different parts of the world have different grades. Refineries also often blend oils from different parts of the world to get the characteristics they need for their process.

And the infrastructure to do that doesn’t currently exist. Even if they could drill overnight, they don’t have the pumps, platforms, and refineries set up.