Obama is not the POTUS and the POTUS does not make law.
Look at how much this will change our habits. If suddenly water was an issue (and it is in the western US where I live), people will change. My water bill runs $800/mo in the summer on the house I just bought. Guess what? I am going to have a landscaping firm change things.
People move on market forces and that is great. Fuel prices spur change and that change will be good.
That's a pretty immature analogy. Water is a natural resource that you literally cannot live without. Gas and oil are products of a process.
If you had said "I'm going to drill my own well so I don't have to rely on the water company." the analogy would have fit. But, to pay someone else to do your "innovation" is exactly the way we are doing things in the U.S. vis-a-vis petroleum energy.
True, but the POTUS does sign or veto laws and everything out of the RAT controlled congress will be very bad for your wallet.
We will just have to disagree on what the outcome of these high fuel prices will be. I don't think your idea is reality based for most of the nation when a Marxist is in charge.