Its quiet Well its garunteed that Oil will not be used one day but that day is a LONNGG ways away. For us to create all this renewable energy it requires massive equiptment to drill/mold/manufacture. All these Massive equiptments run on (gas/oil) as gas creates the most amount of power and thrust atm. I dont believe batteries to be the next big thing. Something needs to be created that can put an airplane into the sky or that can propel a rocket into space or give power to trucks and other mechanical tools. Bottom line is Oil is a long ways away from being replaced. Very safe bet that oil goes back up. 60-80 is definitely not out of the question. Also keep in mind This oil here in Kenya is top grade oil which will fetch a very nice dollar and demand!
Slowwww market - its the summer my recommendation keep adding to the stock bits here and there. but of course dyod.