Capitalism is what defines America, and oil is a perfect example of capitalism. Capitalism is a free market, also known as supply and demand. The more supply you have with less demand the lower the price. However, as is the current situation with oil, the less you have and the more demand the price will go up. Because everyone in America ride in a car at least once a day thats a pretty high demand. Certain environmental laws make it very difficult and economically unfeasible for companies to drill in America. So even though a $100 a barrel is a big price to pay drilling here would be more expensive because of taxes. So really it is the capitalistic society we live in that causes the price of oil.
Another aspect of purchasing oil form international sources is globalization. To globalize is defined by New Oxfords American Dictionary as "to develop or be developed so as to make possible international influence or operation" America has globalized along with most of the world, including the middle east. We are dependent on foreign oil because environmental laws make it economically infeasible to drill in America. So globalization can't "fail" because it has already happened, it is irreversible. For now we need the foreign oil and the globalization of America will help us get it.
We need to understand that the government does not control prices, that the oil company is not trying to harm us. The oil companies pay what the drillers ask them and in turn we pay too. The oil companies make 1/100 prophet on each gallon of oil they sell. The government and "Big Oil" are not bad guys.










