That doesn't make economic sense. That $250B isn't being vaporized: it's going to foreign consumers who are going to spend some fraction of it buying imported goods. Your goods are likely to be more competitive if an extra $50B worth of energy costs weren't spent making them. This is basic comparative advantage stuff.
Actually the $250Bn never existed - you printed the dollars and gave the Saudis pieces of paper for the oil.
They essentially loaned you the oil - and if they ask fro the money back you can just democratize them.
Such as keeping First Solar and SunPower in business (FSLR has lost 95% of its value).
The jobs created through installation, maintainence, R&D, manufacturing, and so on.
For example: let's say your import cost is $250 billion, but your domestic cost is $300 billion. I'd argue that you're radically better off spending the $300 billion domestically, than losing the jobs likely involved and exporting $250 billion off shore to benefit some other nation/s. There's no doubt some inflection point on that benefit, but I think it's a wide margin.