America is extremely dependent on oil and vulnerable to a serious interruption of supply. I look out of my office window and see so, so many cars and trucks.
The way forward, though, is not to strangle oil production but let other sources of energy reach the point where we choose them rather then being forced to use them.
The ChiComs (who have engineers, scientists, and mathematicians do their central planning rather than lawyers like the US) are switching civilians to electric cars and building hundreds of coal fired power plants to run them.
Saving the good stuff for the military.