I'm of a mixed opinion on the issue. On the one hand, I wish they'd drill for oil. Drill everywhere that is economically feasible. Have a platform in my backyard if need be.
But at the same time,
aggressively pursue conserving oil, getting off foreign oil, and improving the transportation sector. Employing technologies and research and development into vehicles that use less gas, less petroleum, and are more efficient.
I just wonder if mankind is that far-sighted. Let's face it, if we had $30.00 a barrel gas, would we
(We in the collective sense), really, truly care about a vehicle that uses 50% less gasoline, and gets better gas mileage? Not really. We'd be thinking: Sweet! Now we can afford a Hummer!