We can't drill our way out of this mess. Conservation is the only real answer, and we can all help. Drive less. Slow down and don't race up to red lights. Try taking transit once a week, and catch up on your reading while you're at it. Ride a bike once in a while. Get a home energy audit, and use a programmable thermostat.
It's not oil companies that set the price of gas. It's the demands of consumers.