Oil is the life-blood of the economy.
Without it, the economy dies, and the country dies a slow death.
Take oil away, and we don’t have an economy. Slow down oil, and the country gets sick. Put blocks into the blood-stream of the economy, and you get a very sick economy, and parts of the economy die and never come back.
Nothing that we know of can replace oil, not at the moment and not for a long time. Even clean-energy/green-energy, needs oil and other fossil fuels. EVs don’t run on renewable energy; EVs run on electricity generated by fossil-fuels.
Climate-change/global-warming policy, will kill the economy. We might as well be living in the middle-ages without fossil fuels.
True dat.