"We" - the Western voting public broadly, but also much of East Asia too - are the owning class. If you actually removed everything in our lives that depend on petroleum products, it would be a riot before the end of the month. I don't think people quite realize how much of our lives are propped up by the downstream products of oil. It's not just moving people in cars and most of electricity generation and wrapping our food in plastics; it's most of our food production (from fertilizer to mechanization), most of our biochem stuff (so much starts as natural gas), most of our infrastructure.
Without oil, the West is shivering in the cold, the shelves are empty, there's nothing to do, nowhere to go (or really, way to get there anyway) and practically no healthcare.
You square that circle, you let the rest of us know. But we won't (and should not) accept any future like that.