Despite that, we still had to ask the Saudis to increase production recently.
We need to develop alternatives to oil.
We need safe nuclear reactors and lots of them.
We need investments in particle physics, because I think that may be where true breakthroughs will emerge.
Asking probably went like this: "Hey, we need you to increase your output by 10% or so. After all I'd be a shame if all that shale oil came back on line.
Look up recent discoveries from SAFIRE. Totally unexpected and unknown phenomena that looks to be converging hot fusion and LENR.
https://eic.rsc.org/feature/is-thorium-the-perfect-fuel/2000092.article
The electrical generation solution was developed in the 50’s. Diesel is going to be much harder to replace, if not economically impossible.