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("Forget about 'peak oil.' Peak demand is coming, and it could change the world of energy")
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The report also explains that the green revolution has just begun to gain traction. Solar and wind energy is expected to continue its "phenomenal" growth. In 2014, they accounted for 4% of all power generation, but could supply as much as 39% by 2060. Nuclear and hydroelectric power will also grow significantly. Coal and oil eventually will be displaced.
Another killer of oil demand will be electric vehicles. Improving technology (particularly battery technology) will reduce the costs and increase the popularity of EVs. It's possible that EVs could outnumber petroleum vehicles by 2030.