More on Oil's Dominance in the World

Re: My recent post Making the Transition from Oil, my friend from Germany writes:  Wow, thank you for this insightful response to my question. It is my hope that oil will lose its economic advantage in the near future.

It’s going to take time.  As you know, oil isn’t used for electricity, but for transportation. Thus it competes with EV batteries. As long as we don’t care about the consequences of oil (like terrorism, in addition to the health and environmental aspects), it will be around for quite a while.  And the world political issues, e.g., the U.S. relationship with the royal family and the mega-wealthy of Saudi Arabia (i.e., the funders of ISIS) doesn’t help.