It is in our best interests at this point to control it.
I disagree. With relatively little pain, e.g. legislate SUVs for housewives out of existence, oil use in the US could be significantly reduced in the short term, and alternative energy could replace it in the long term.
I believe the cost of gas should be about triple what it is, to better reflect what it really costs and encourage drastic reduction.
So our best interests would be to reduce our dependencies on fossil fuels.