I'm always amused at the Kabuki theatre of hauling the oil execs before Congress. It's indicative of a couple things besides the obvious fact that politicians are more interested in being perceived as doing something rather than actually doing something. I think it indicates:
Republicans are using the issue to complain about liberal thwartings of other drillings, which is true, but upon reflection that seems to be just putting off the inevitable. A more powerful argument is how Democrat politicians have thwarted nuclear energy and how both parties have failed to fund alternative energy.
Democracies are like publicly-traded companies - they are not good as good at planning for the long-term as passing the next earnings report, that is election. Which is why Medicare, Social Security are going bankrupt and we don't have a plan in place for the predictable-as-punch fact of oil supply not keeping up with demand. And additional drilling will never keep up with demand given the numbers of Chinese and Indians.
My obsessiveness for planning may be part of being a computer programmer, a profession in which disaster is only a bug away. See this:
What is even more interesting is that it illustrates the difference between computer programmers (homo logicus) and the rest of the human race. Programmers like to have to plan for all edge cases. They think that anyone that doesn't is careless or lazy.It bothers me that our energy "plan" is to solve the problem only when it becomes too painful not to.