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Get your head out of the sand sir.
Oil could be a renewable if we were to enact massive carbon capture. This would balance oil consumption with oil production, yet there are inherent inefficiencies, and there would be a greater need for green utilities that make EVs more appealing, but only if there aren’t limits like you discussed. The other renewable possibility is biofuel, but this is less efficient than EVs, and it is far more damaging to ecologies to level land for crops. We would be talking about massive areas of the country used to create fuel from a homologous crop. Not a viable option.
Like I said, I don’t think it’ll come to that because I believe the population will plateau, which means most mining can be turned into recycling, yet oil would still be required for ICEs for a long time. Unless carbon capture dramatically advances, and only if EVs get more expensive, I don’t see ICEs lasting far into the future.
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