Drill baby Drill. Economies run on energy. Right now the US sends better than $1 trillion dollars abroad for oil every year. Much of the money goes to countries that don't like us very much. For instance Saudi money pays for madrassahs in Pakistan that turn out Al Quada and Taliban fighters.
The Pacific coast has huge oil reserves that have been untouched since the Santa Barbara blowout in the 1960's. The Atlantic coast hasn't even been surveyed. There is a huge field in Alaska that got designated "Alaska National Wild Life Refuge" and closed to oil drilling. We have vast tar sand reserves in Colorado. We have gigantic newly discovered domestic natural gas fields.
Developing these reserves would put a lot of people back to work. The oceans of money we send overseas would be better spent employing our own citizens to develop our own resources.
Right now an aggressive US Green movement is doing all it can to block energy development of all kinds. They point to the BP spill and claim that possible environmental damage is too great a price to pay.
I beg to differ. We have 10% of the population out of work. That's 30 million people. Being out of work is really miserable for the workers, the spouses and the children. Getting laid off is about the worst thing that can happen to a worker.
I'm willing to accept a BP sized spill every ten years or so in order to put 30 million hard pressed citizens back to work.
The oil industry is going to be super careful after the BP spill. That spill cost BP everything the company will earn over the next ten years. We have a herd of tort lawyers currently harrassing doctors. They could be retrained to sue oil companies over every spilled bucket of fuel or lube. That will learn 'em.