The way I see it: Oil under the seabed is worth somewhere close to $0/barrel more or less. Oil in a barrel is worth closer to $40. Irrespective of "energy independence", pulling about a billion barrels of oil from under the seabed and putting it into barrels (I know, they don't really do that) would create about $40,000,000,000 of wealth for Americans. This $40,000,000,000 would be divided between the shareholders of oil companies (a small piece), the government (a bigger piece) and oil workers and oil support workers (the biggest piece.)
The Dhimbat plan is much simpler - give the money to states that sponsor and train terrorists to kill us.