Oil products are a fractional distillate of a barrel of oil. How are you going to pave the roads all these EV’s are going to drive on, or produce the plastic they consume (EV’s require ~40-50% more plastic)? If gasoline demands softens it doesn’t necessarily mean that other oil product demand will decrease at similar rates. Oil production declines over time so you need constant development even in a declining consumption scenario, and I think we are heading into a world where domestic supply will command a premium.