I agree. I have always said the President tomorrow can bring an end to the high oil prices and instability by doing two things.
1) Declare by executive order an energy emergency. Drill ANWAR and bring that oil to market within 12 months. It will be a massive undertaking, but can be done. It can be a joint gov-private venture. Details can be worked out.
2)At the same time, launch a Manhattan Project to develop a workable new energy source that can be incorporated into existing infrastructure within" X" period. One of the aspects of the new energy source is that it can be used with existing vehicles with minor and inexpensive upgrades.
Why would he do that? He’s from an oil money family, his clan and the Saudis gel nicely. He has no problem with oil companies making a fortune.