I’ve said for quite a few years that there are well over a billion people in India and a similar population in China. And most of them would love to be driving. Oil will get continuously more scarce sooner or later. Nations are only feinting at wars over it so far, but that will intensify, too.
Haven't you seen the commercial? One of the oil companies is trying to make gasoline out of algae. "Pond Scum" will take on a whole new meaning.
I think pollution is much more a concern in these places than the price or scarcity of oil; think of the smog situations in Denver or LA, and imagine that with so many more people.
Alternative power sources are inevitable (even if some time off) because of the billions in Asia; without repressive governments keeping them down, they’ll ALL want to drive...