>At some point oil will become economically and technologically infeasible and alternatives will win out And it will, but I fail to see how this defeats my sta

>At some point oil will become economically and technologically infeasible and alternatives will win out And it will, but I fail to see how this defeats my statement. Oil will become obsolete not because its price will rise, but only because the alternatives will finally become cheaper. Which is not the case as of now.