I think this is a double-edged argument that may be our salvation.

We have a significant domestic reserve, if we act NOW, rather that later in developing energy alternatives, that reserve can see us through! At this time a kind of parity exists, we need their oil, they need our money. That will not be so much longer, particularly in view of growth in the Chinese economy.

btw- this is very sailing related, you can't drive to the beach if there ain't no gas!