Sorry for the late reply; I didn't see your response. The reason I say a transition away from oil is needed is precisely topical, and I disagree. It does matter

Sorry for the late reply; I didn't see your response. The reason I say a transition away from oil is needed is precisely topical, and I disagree. It does matter whether or not we are dependent on oil domestically. Currently oil runs through our economy like woven thread. You raise oil prices and that causes immediate inflation because production and delivery of products depends on oil. With an economy that is 2/3 dependent on consumer spending you don't want steep price inflation. That's why it would be a benefit to not be as reliant on oil domestically. The value of the dollar could fall, yet domestic product prices wouldn't reflect it (as significantly) and as a consequence choke our economy.