In the long run it will be bad for the oil industry because I believe that more people will step over to electric cars in the future. I do believe that oil still will be needed in the future.
electricity car require expensive station to refuel, and unless there will be huge panel installation, it will be hard to exand in soem country with low energy production i think, will not be that easy definitely
Electricity cars don't require any expensive station to recharge them, you can recharge your electric car on your house. They need special stations for large travels, but i think that fuel stations are more expensive to build than the future electricity recharging stations.