Let's make something clear, for Grooveriding and everyone else.
Your "democracy" has been manipulated for more than just a hundred years by concentrated economic interests. Eisenhower in 1961 forgot to mention the other half of the military industrial complex: strategic minerals. Look at some economic history:
Law and Economic Policy in America
focused on the Sherman Anti-Trust Act. If this is about politics, it isn't about ideology. It's merely about money.
You can trace the money and market relationships to chemical and fertilizer companies, pharmaceuticals, plastics . . . the list goes on.
World supply is limited simply because the world is limited. Sure, oil is a renewable resource -- if you choose to wait at least 100,000 years.
Cal-Tech scientists believe the world supply will dwindle to a crisis level within the next hundred years. Conservatives who are "short-run maximizers" in vision have long been over-run by oil and defense interests. The worst of it is, even now, most of the economy runs on oil. But the most damning evidence so far to emerge in terms of the corporate dimension is Exxon-Mobil's suppression of their own acknowledged belief in climate change and concerns about how it affects their facilities near or above the Arctic Circle. Never mind that the national security apparatus: The GOP's beloved DOD and CIA, were developing scenarios and plans to cope with the demographic and political impacts due to -- global warming or climate change.
So if you want to question the fully-known atmospheric photo-chemistry, the huge accumulation of scientific statistical evidence, and the fact that you can test and prove it in a laboratory, you shouldn't be allowed to drive an automobile because it runs on a theory, tested by statistical evidence and scientific fact.
Any short-term suppression of oil consumption will result in world-wide chaos. But we're poisoning our world as a consequence: there is more CO2 in the atmosphere now than there was over the last 800,000 years.
Temple of the Holy Ghost! We're all a bunch of bacteria growing in a Petri-dish, drowning in our own shit as we over-populate, and showing the same inability to act cooperatively to solve the problem. If you want to contrive a phony argument against evolution, you could say "See?! Human progress amounts to nothing! There's been no evolution!"
Some people resent the idea that coastal residents will somehow merit a transfer of wealth for their loss from inlander-cornpones. In fact, given the history of industrial carbon energy use, we all have yet to pay the costs of generations of dead people. Whatever the "future cost" of present oil consumption may be, it has never been counted in the price at the tank, and you can track the emergence of those costs between Katrina, Sandy, the California drought, Texas wild-fires -- and the extraction risks of things like Deep Horizon.
Vehicles have been converting to natural gas since the 90s -- maybe earlier. An early start on this problem would've made any transitional pain much less. Waiting too long could result in violent turmoil and greater costs. Or just irreversible disaster.
Eat, drink and be merry! Maybe you'll be dead before the worst of it! It's OK that your grand-kids are totally f***ed. Markets solving the problem in time? Mother Nature doesn't play the market, stupid. And since the markets never accounted for future costs of what hadn't been known before, you better pray for a miracle.