We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.
Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.
We are going to have to import more of our oil. Period.
MonteQuest
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Energy storage is a big issue, especially if we're going to be flipping from a society that uses 80% chemical energy (like oil) and 20% physical (like wind) to 80% physical and 20% chemical. Energy storage devices do have their technological limits, which means efficiency isn't always the be all and end all of the story. So I've compiled some Ragone plots (read on to see them) that help us see what options are available to us. These plots show specific energy (watt-hours/kg) vs specific power (watts/kg). 
