We are at the break of a new dawn where oil is not needed as much as it used to, there are still ways that oil could be used but that is getting smaller and smaller, one day we will no longer need it at all.
Scientist are trying hard for alternative energy sources and solar energy might be the alternative everyone will be using because it is environment friendly without any pollution, yet we are not in a situation to say that fossil fuel will not be used in the next decade. The reason crude oil prices are in the headline is because many countries are selling oil and the production keeps on increasing while the demand is not proportional nor space to store the product. If the countries competing get together and cut the production then the price will recover.