All non-transportation end uses of oil combined represent 18% of the total market for oil. Even if the population increases 30% and consumption stays steady, it won't even come close to offsetting the losses if oil loses its transportation monopoly. I'm not saying that this scenario is by any means a slam dunk....there is a very real possibility that oil demand will continue to grow for a long time if EVs don't prove to be what customers want. But a scenario where demand falls precipitously is easily mapped out with current technology and many people treat it as if it were science fiction.