Not today but China and India are growing and upsetting the oil demand curve and pollution output. It is strategic to develop new cost effective emission neutral replacement technologies. I want to preserve the American way of life.
The reason America is the wealthiest country is because of our investments in new technologies. This is usually driven by military spending because initially only the military can afford new technologies like $100/gallon algae jet fuel. We should cut back on the social spending money pit and invest more in new energy technologies without waiting for a loaded gun to be pointed at us.
We're still riding the technology wave from WWII which brought America great wealth but that wave is 60 years old now. Will it take war with China before we get off our duffs and get serious about our developing oil problem?