"Drill, baby, drill"?!

I saw this bumper sticker on the way in to work this morning: "Drill here, Drill now, Pay less".  Ouch!  I think I'd be scraping that off if I were him.  Even before the spill, he should've known that we only have 2% of the world's oil reserves  - we can't affect the oil prices much.  In fact, we only got serious about drilling when gas got to $4/gallon because below that, it is cheaper to import oil.