The deal with oil/energy is not a supply issue. Even when gas prices were $5 a gallon and there were long lines at the pumps, there was enough to go around.
Oil is traded as a commodity. The price is set by the market. A barrel of American oil sells for the
same price as a barrel of oil from Saudi or Iran. Increasing the supply without increasing the demand would just create surplus.
If we do increase production of our oil, it is more of an issue about the security of the supply. We are not fully using the oil that we produce domestically now,
we are exporting it. I would think that to address the problem as an issue of securing the supply we should create incentives to use the oil that we are already producing domestically and try to cut down on the oil we are importing.
The way to do that is to increase our refining capacity, and to distribute and network our refineries so that the shortage the Southeast experienced after hurricane Ike last year doesn't happen again. Not many refineries have been built in the last 30 years, so if we examine the process and impact of refineries, there might be a feasible way to increase refining capacity while mitigating environmental impact.
But even as we make production of oil more efficient, we should also seek to decrease consumption. We should invest in alternative energy now while it is an option, and not later when there is no other option.
I get my news mostly from the New York Times, CNN online, and Z-communications.
http://www.zmag.org/znet
I'll go to Fox News now and then for a conservative-slanted prospective, and sometimes I listened to Weasel Radio (Ben Weasel from the band Screeching Weasel hosts a conservative talk radio show) when it was on... it hasn't been on since December though:
http://www.espn1070.com/pages/weaselradio.html
I also watch the Alex Jones videos you guys post, really, I do.