Petroleum certainly has momentum, however there's no reason to suggest EV and ICE won't co-exist for a couple of decades. I doubt bio-fuel will ever be as cheap

Petroleum certainly has momentum, however there's no reason to suggest EV and ICE won't co-exist for a couple of decades. I doubt bio-fuel will ever be as cheap as oil, sadly, there are simply too many sources with very easy to extract oil (Venezuela, Saudi Arabia, etc.)