I'd say more like "redirect/rewire consumption". Oil demand is considered inelastic because we have minimal mass transit options in most North American cities.

I'd say more like "redirect/rewire consumption". Oil demand is considered inelastic because we have minimal mass transit options in most North American cities. So, increase mass-transit and HVDC links combined with funded solar+wind sources and EV chargers to covert the fuel-demand into overall energy demand. Also, the oil being consumed here is headed out to the global market. It's not being earmarked for local use. It's effectively fungible with global supply so the decrease here will simply have a small global price increase.