Please explain how the US, as a net importer of oil,  will cause the price of oil to slide by exporting to Asia. The oil that they export to Asia is drawn from their Strategic Petroleum Reserve. At some point, the US will have to increase imports in order to bolster their reserve. The EIA has reported record drop in storage this summer with oil in storage projected to be at or below the 5-year average this fall. When oil in working storage falls below the 5-year average and oil in reserves is also falling, the price of oil only has one direction to go and that's up.