Yes, we're drilling for more oil etc and will be until it runs out. This is the tiger than every president since Jimmy Carter is either riding or is unaware of.
That is, American public keeps demanding more and more energy so that we can not only maintain our way of life, but keep on improving it, and God help the administration that tells us we need to cut back. He or she would be out of office in an instant, to a chorus of boos, hisses, and accusations of hating freedom, prosperity, and security. Obama knows it. Everyone above the level of village dogcatcher knows it.
The only time a president can offer "blood, sweat, and tears" and get away with it is in a war in which we're visibly and in-your-face fighting for our lives. The War on Terror has not risen to that level, pray it never will. And any warning that we face real limitations ahead and had best prepare for them is seen as not only pessimistic, but as near-treason.
In short, his hands are tied here, as would be anyone's - except those who truly believe it's gung-ho and full speed ahead and that we are truly producing this oil rather than using it up at a high rate of speed. Their hands are not tied because they're with the program all the way!
How to spot a shill, by John Michael Greer: "What you watch for is (a) a brand new commenter who (b) has nothing to say about the topic under discussion but (c) trots out a smoothly written opinion piece that (d) hits all the standard talking points currently being used by a specific political or corporate interest, while (e) avoiding any other points anyone else has made on that subject."
"If the shoe fits..." The Grey Badger.