Solving the oil dependency issue...

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With gas prices over $2.50 and home heating costs continually going up, along with many other oil related cost issues...what should the US and the rest of the world do to get away from the dependency of oil that we find ourselves in? How much tax money should be spent to develop new energy sources? What should each individual do to help with the problem? Many believe in emphasising solar and wind power...and developing better hybrid cars...What does everyone think?