Whiskey; The Permian Basin at one time produced 2 million barrels a day. That has been cut in half. But with a price guarantee,
would be back to 1.5 million a day sustainable
for a century or more. And be there within the year.

As Paul noted, there is plenty there but the extraction costs are high. People have to go head over heels in debt to apply the proper techniques. Price declines/fluctuations can then threaten the very survivial of our domestic petroleum industry. Guarantee the income and things will improve.