The AP does a fact check on the GOP lie about the link between drilling and gasoline prices and
CBS picks it up:
A statistical analysis of 36 years of monthly, inflation-adjusted gasoline prices and U.S. domestic oil production by The Associated Press shows no statistical correlation between how much oil comes out of U.S. wells and the price at the pump.
Since February 2009, U.S. oil production has increased 15 percent when seasonally adjusted. Prices in those three years went from $2.07 per gallon to $3.58. It was a case of drilling more and paying much more.
Andrew Sullivan found some other sources with complementary information which is perhaps best summed up by this chart:
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