Relief from Foreign Domination

EIN News says, "Politicians, Energy Leaders Meet in Las Vegas to Talk Jobs for Fledgling Industry. A high-profile cast of politicians and alternative energy leaders is meeting in Las Vegas to talk about prospects for the fledgling industry. Quick hopes for employment in alternative energy went bust quickly over the past year as credit markets seized up, major projects were canceled and workers in solar and wind industries were laid off. (latimes.com)"
Note that the quick hopes for jobs did not materialize over the past year. The claim that available credit was responsible is unrealistic. Government has poured a tremendous amount of money into alternative energy.
The real answer is that in spite of government subsidies, private companies would still have to risk a substantial amount of their own capital in the various alternative energy projects. The quick fall of international oil prices increased the risk beyond the tolerable limit, and private companies logically bailed out.
Our total economy is geared to oil as a major energy source. The motor vehicle fleet of the US almost completely uses oil as a fuel source. Add to that, oil burning heating units in residences of the Northeast, and you have the simple fact that the control of supply and price of oil also controls what the automotive and home heating markets use for an energy source.
The only way we can relieve ourselves from the burden of foreign energy competition is to compete head-on with monopolized foreign oil suppliers. This means drill, drill, drill! Once we have control of our own destiny, through an adequate internal supply of what we have been dependent on from foreign suppliers, we can then start to maneuver to alternative energy sources.