Quote:
Originally Posted by Bewolf
Don't. There is more done with oil then just petrol. Everything that is made out of plastic, as a starting point. And given the rising costs of Oil exploitation, it won't become cheaper anytime soon. Even if the first western nations manage to switch over to alternatives, the BRICS and other developing countries will need a decade or two longer to provide similiar infrastructure. Petrol won't go away that fast.
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The huge demand in SE Asia is for Diesel for trains, tractors, trucks and heavy equipment not Petrol. Commercial shipping is not going nuclear anytime in the near future and the consumption of Jet 1 and Avgas goes up every year. Oil is used for a lot more than powering the family car.