There is no question in my mind that the ultimate solution to our energy problems will be through alternative fuels.
However, you don't shut down your economy and wait for those alternatives to develop. I would think that you take an aggressive position in developing those alternatives, and you keep your economy going full steam to provide the investment funds to develop the alternatives.
There obviously is no "plan" here. In March, they say they will drill; in December they say they won't. Time to get everybody on the same page.