Robert Rapier has a good idea:
I still believe the compromise I suggested previously is the right one. Open up some drilling, and earmark the money for programs designed to reduce our fossil fuel consumption. And by 'programs', I mean actual programs and not some pandering line about taxing oil companies to promote energy independence.
After all, let's face facts. There was enormous pressure to drill when gasoline cracked $4/gal. It is only going to increase as gas creeps higher and higher in the coming years. Right now the Democrats have some leverage in which to get a compromise that will help stem the demand side of the equation. But that leverage will disappear as the cries to drill grow louder and louder.