Though saying the U.S. will start drilling for oil is one of the factors that has presently brought world oil prices down, actually doing it won't help at all. Because it would be like bailing an oil tanker that was sinking of water with a teaspoon.
So, even though the perception of drilling has helped oil and gas prices decline, doing it is ridiculous because oil has peaked. In real terms saying oil has peaked simply means that oil is now too expensive to get out of the ground to make it reasonable to go after it and that even Saudi Arabian oils have peaked in output and are now in a slow decline.
Because of this wind, solar and alternative fuels are necessary for the ongoing survival of our world's civilizations. Not realizing this is where we are will lead eventually to worse than the Great Depression and World War II combined. So either we now move away from oil as quickly as possible or Billions of people are going to starve to death over the next 50 years and more.
Wake up people and educate yourselves so you and your friends and family can survive this awful transition. Unless you want to live "Mad Max beyond Thunderdome" the movie it's time to change energy sources and fuels away from oil. Because we are still going to need the oil left in the ground now to make plastics, tires and everything else we will need. Otherwise, civilization as we know it will end sometime this century!
Wake up mankind!
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