Crude oil prices have reached $75 per barrel.
Due to climate Change activists, major Western oil companies are cutting investment in new oil fields.
If you believe the West will all be driving EVs by 2130, that is unlikely to be a major problem, but in the real world oil will continue to be fuelling approx half or more of the cars on Western roads for another decade.
Annual deletion rates are 2 to 4% pa so if there is no investment...
So we COULD see oil prices well over $100 with all the feed through effects on the economy (plastics , food, transport etc)