What is clearly needed is the US drilling and refining the vast oil reserves we have in ANWR, the Gulf, the Pcific, and the oil shales. That will end the manipulation by OPEC and other nations, which is the real issue here.
If we were serious about going after these reserves (meaning putting the kabosh via executive order as a result of national security on the endless delays caused over done environemtal regulations) we would see the fuel from the ANWR and Gulf and Pacific fiekds within two years.
Just announcing that we were dead serious about this and then proceeding with it would see OPEC immediately cut ts prices drastically to try and make it economically unfeasable for us.
All of this hogwash about ten years, and not impacting OPEC are just that...hogwash...and Obama and his handlers know it.
THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA
You make an outstanding point. These reserves will take much capital to extract. Today’s prices make that a profitable enterprise even with the cost. OPEC et al will do much to prevent the opening of this additional supply and you are absolutely correct that they will use a significant price drop to persuade us to forego the development of these sources. Hopefully they will drop prices and we will still go ahead with exploration and extraction and nukes.