we have the highest regulatory costs, production costs are the same everywhere, it is only the regulations that change
I am sure what you know about wells, is very shallow
I grew up in Ghawar. Nope production costs are double in the US and we rate it the middle on production pollution. Not as bad as Venezuela but twice as bad as the OPEC producers.
We have no economies of scale and most US wells produce less than 50 barrels per day.