Why bust our butts for oil when we are already drilling like crazy for natural gas? We have so much of it and much more coming online, the price has been driven so low, companies are moving to drill for wet gas (contains propane, ethane, etc.) instead of dry gas (only natural gas)?
All we have to do is start converting part of our vehicle fleet to multi-fuel to kill OPEC and the high price of oil. The demand for imported oil in this country will drop like a rock.
Cheap energy prices in this country might quite possibly spur a renaissance in manufacturing as a side effect.
Being able to cruise by the gasoline pump and ignore the traditional Labor Day, Memorial Day, whenever the oil traders and sellers decide to screw you day is, of course, priceless.
Check my tagline.