What do you think of this solution?

SITUATION
Fuel costs for every personal driver and trucker has doubled in the past 3 years.

PROBLEM
Rising fuel costs are crippling the economy and putting a strain on families.

IMPLICATION
The high cost of fuel has a self sustaining negative impact on our economy:
-->Prices of food/goods rise due to transport costs.
----> Families have fewer dollars to allocate to food/goods, which are more expensive.
------> Merchants of food/goods fire employees becuase they are selling less.
--------> Some families have out of work members so they buy even less goods.
----------> Increasing number of Americans require government assistance.
------------> Taxes rise to support increasing transfer payments.

SOLUTION
Summary: Provide low-cost commodity fuel using United States natural resources to renew prosperity through low-cost transportation energy and thousands of jobs.

Establish the Department of Domestic Natural Resource Energy and organize it as a not-for-for profit agency that would do the following:
1. Explore and drill for oil in US Territory - Wet and Dry.
2. Refine Oil into fuels that would be sold into the retail market at net cost (gas, heating, jet, diesel).
3. Provide jobs for thousands of laborers and skilled workers alike.

Impacts:
1. Low cost fuel entering the retail market will directly compete with private companies trying to sell in the US (Exxon, BP, Shell, etc...). These companies may no longer see the US as a profitable customer as gas will now be sold at cost. Tough to compete with a net cost provider. "Big Oil" may now only sell to the world market, which is still fighting over Oil that those companies can drill under their existing lease agreements.

2. Massive job program, yes, but it is providing a commodity that directly fuels the growth of our country.

3. Helps ensure national security; drives economic prosperity; removes the US from the world bidding game for oil.

4. The return to $1.00?


So? Would it work?