You are the one who seems to be OK risking clean water in order to get NG with so much as mentioning conservation. There are field that are not close to water tables. We could reduce our dependance on fossil fuels but that would require effort on our part and god knows that will never happen unless it come from being beat over the head. Mass transit, smaller vehicles, solar and wind power for homes to name a few. Nah, screw that.... lets drill baby drill. We will worry about alternatives later when it is too late.
Ah ok something we can do now to solve this oil issue.
Cost to power every house in the US with wind power= 4.37 trillion. based on 125 million houses in US at 35k per wind power unit for it (low end one, upper end unit is 50k+
Cost to Solar power all houses in the US= 2.75 trillion based on 22k per house again low end system from what I can find.
Actual mix would be between the two systems since some places have sun a lot but no wind some wind but no sun. Ballpark it at $3.5 trillion.
Cost to replace all cars in the US with a new Chevy volt (cannot buy foreign cars since we need the jobs here) 243 million cars in US at $38000 per chevy volt= $9.23 trillion.
Figure each system is good for about 10 years (wind turbine, solar cells, car) and for just a hair under 13 trillion dollars every 10 years we can pull all US households off gas and electricity. Have to be thrify on the power though, the low end systems I cited have serious limitations compared to what we currently use in our homes.
Then all we have left would be the oil and electricity used to Power all office buildings etc, all railroads and mass transit, all airliners, trucking industry, and farm equipment. No technology out there yet to fly jets, run trucks(at the level we need them) railroads and farm equipment on batteries.
Wait, i forgot enough charging stations to be able to recharge all the volts.........be right back.......
EDIT: Ok back, cost per level 2 charging station seems to be about $1500 at the moment. If everyone get ones for their volt thats 364 billion, not including public stations required for them while travelling.
By comparison it is taking 7 billion barrels of oil a year for the U.S. right now, or 6 trillion dollars for the 10 year period to power us at current oil prices. But that is just oil not our total fossil fuel use.
Cool, all we need to do is come up with 7 trillion dollars more every ten years and we got this car gas thing licked......My claculator blew up with all the zeros so far, so i am not going to attempt to calculate how much above the 7 trillion more per 10 years we need to actually pull off total fossil fuel independence.