Why don't we do that, plus, produce more domestically, invest in alternatives like nuclear and solar, and cross our fingers and hope that some day electric cars like the volt become cheaper, less *fugly*, more efficient, and do zero to sixty in six seconds. ;-)
If we don't want to do as much drilling in the gulf, lets open up areas like ANWAR where oil spills aren't an issue.
(Queue the responses from envormentalists and teddy kennedy's ghost: NO to nuclear, NO to ANWAR drilling to save the polar bears, NO to solar farms because it hurts pack rat habitats, NO to wind farms because it hurts the birds and wrecks the view.. etc.. YES to, well, YES to.. nothing. Everybody should just stop using so much oil.)