We still have a department of energy, and a ton of redundant oversight on this issue. Frankly, it’s a market issue more than an issue requiring regulation and oversight.
I hope the next move is the reclassification of 1000’s of square miles of ‘wilderness’ to be open to drilling and development. (Mining of rare earths, for example).
http://www.fws.gov/audubon/grasslands/dgca_lpp_fact_sheet_web.pdf