At least we are now seriously considering nuclear power, which is environmentally friendly, and reliable. With enough baseline electrical plants in place we have resources to allocate. This morning a Harvard economist said we don't need more oil. There is plenty, this is not like the oil crisis of the 70's. Then there was a shortage.
Cartels can maintain high prices so long as there is high demand that only they can satisfy.
I would have thought even a Harvard economist could figure that out, but if you have been brought up on a steady diet of Samualson I guess there is no hope. Anyway there is work today. Meanwhile read the Paris Report.