We are "dependent" on foreign oil only because it's still cheaper than what we would have to pay if we tapped on our domestic reserves. If we only used our oil it would probably cost $10 a gallon for gas.

We will become independent of foreign oil when 1. It becomes cheaper to use our own, 2. when alternate energy sources become cheaper than oil. There still is no real big incentive to find a cheaper source of energy as most Americans are not moaning and groaning about the price of gas, SUV's are still being sold, there is no big run on hybrid vehicles.

The Euros have been paying much higher prices for years and still nothing has happened over there.