I had the opportunity to see first hand the cars that came out of the Soviet Union. Someone decided that they'd make a killing by importing these cheap vehicles and sell them as "exotics". THey had about two thousand of them on the port but couldn't get anyone to handle them. Since they couldn't afford to ship them back they just paid for the lot fee. Unfortunately the lease would expire and they would have to move them. The guy in charge of moving them would go out and have to work on two out of three cars just to get them running. What a mess.
Unfortunately the current administration has too much involvement with big oil to bother trying to get us out of the situation. They'd rather just poke more holes in the earth to find more of a dwindling resource. Not that it would matter. We haven't built alot of new refineries and we've been closing old ones. Supply will never keep up with demand.
We need to recycle and use as much solar, wind, and low impact hydro power as we can. Even so we may have to turn to nuclear power unless something better comes along.