[Perz1val]

Afaik, (extremely simplifying) refineries split crude oil into fractions; we burn lighter hydrocarbons as fuel, make plastics out of the middle/heavy parts and what's left in the pot are some heavy, dirty remains that we figured make good roads instead of being thrown out.

We've already hit the point that electric cars are cheaper to operate, yet photovoltaic prices keep falling. Even equipment like electric excavators is now a thing. Batteries keep improving. It'll compound to smaller and smaller fuel, thus oil needs, so there will be less refining, thus less asphalt.

The assumption wasn't that that there will be no oil extraction, it was that there might be a future without tons of almost free road material. But I have zero expertise in oil macroeconomics, the question might've been stupid, I don't know that, haha