Petrochemical feedstock only makes up 10-20% of oil demand, and road transportation 50%. And there are multiple different sources for those feedstocks. As I say

Petrochemical feedstock only makes up 10-20% of oil demand, and road transportation 50%. And there are multiple different sources for those feedstocks. As I say, oil will remain an important commodity, but its days as the pre-eminent commodity, and a key driver of geopolitics, are already numbered.