@edgarblythe,
We need to accomplish ALL these things and at once.
I favor
1Moaratoria on the drilling until blowout protection at these extreme depths is FOOLPROOF .
2Research on appled drilling techniques using water jet drilling and fracking along with better slant drilling technology.
3Search for more oil fields at greater rock depths and research into conversion of green river shakles into good complex ester diesel fuels (We have enough for a 200 year diesel economy is the several waxy shale deposits)
4Reserch into algae esters, solar, geothermal and several other fixed base energy systems(Im not a big wind fan , its not as viable as say, solar which is at projected energy needs , 6000times more than all the other energy means combined(including nuke)
5 nuke research and fusion research to bring the solar energy day closer.
6 non wire energy transmission.
7More energy efficient forms of transport