Our consumer-based economy is driven by and dependent upon readily-available, reliable energy-- choke that off, and we'll all be back to using one rotary dial phone in the dining room, watching one TV in the living room, and driving one car per family-- probably a Hudson Hornet or a Nash Metropolitan...

We need to
1) end the nonsensical ban on offshore drilling off California and Florida--read & weep:
Castro Plans to Drill 45 Miles from US Shores, But We Can't
2) build a lot of next-generation nuclear power plants, not just for electricity, but for any process requiring heat, power, or steam.
And if we replaced our existing nuclear plants with this one
...there would be significant benefits.
3) end Jimmy Carter's idiotic ban on recycling nuclear waste, and reprocess the stuff rather than fighting over where to bury it. Europe has done this for decades.-- what to do with spent nuclear fuel? Answer here: http://www.freerepublic.com/focus/f-news/1468321/posts?page=50#50 hattip: Mike (former Navy Nuclear Engineer)
4) use the 300-500 years worth of coal we have on our own land, using the new clean-coal technology.
-Clean Coal Centre--
5) and finally, there's nothing wrong with conservation, we should all practice it- but you can't conserve your way out of a shortage. Nor is there anything wrong with "alternative" energy sources- except they don't supply the vast ( not to mention readily-available ) amounts of power we need at a price competitive to more conventional sources.
Then again, there is this to ponder:
Energy From the Gulf Stream
http://www.energy.gatech.edu/presentations/mhoover.pdf

We do need to get serious about this before we get strangled by a bunch of petty thieves and dictators who don't like us much.
My tongue-in-cheek collection of energy-related links:
Sticker Shock-$3 a gallon gas? Click the picture:
And kindly note, and note well-- the first reply to this post ( when gas was $1.45 a gallon ) was derisive... so, who's laughing now?
Vest-Pocket Summary:
1- drill for gas & oil like crazy- onshore, offshore, and in Alaska
2- go nuclear for power
3- convert stationary plants to clean coal technology or Next-Gen Nuclear
4- slash taxes and regulations like crazy
This article should read oil prices dropped slightly as Traders took profits and wait for more bad news so they can start the cycle again.
I would vote for you for president!
As long as you reduced subsidies to the oil, coal and gas industries and integrated market-based price signals into the cost of energy, I might vote for you for President as well.
PS: You might want to check your personal page. The photo no longer appears current.
and driving one car per family-- probably a Hudson Hornet or a Nash Metropolitan...
...........................................................
Go with the Hornet, it was a much bigger, more comfortable ride.