I believe he has degrees in Chemistry, so he should know better.
I think this all boils down to pushing Nuclear power and making the arabs choke on their own oil.
I truly believe that if R. Reagan was alive today he would be doing the same thing.
That won't happen anytime soon no matter what we do. The world's thirst for oil is growing as is the population as is affluence. The Arabs will have plenty of buyers for their oil and since they have the largest proven reserves, they can control the flow to get the price they want.