Good point @jayski about nuclear. It is a clean source of electricity, except the concerns for long term storage of the nuclear waste. Acceptance seems low, but 12 states achieve over 50% of their electicity via nuclear, and a handful more very close. The US has 90 operating nuclear plants,
@dbutcher Texas is an oil and gas state, but they use about zero oil for electricity. Over half comes from burning natural gas, far cleaner than oil, but still pollutes, To their credit, they produce about 20% of their electricity via wind farms. T. Boone Pickens (RIP) having a big hand in moving that forward quite some time ago.
Maybe suprising to many, the only state that gets a HIGH percentage of their electricity from oil is Hawaii, about 66%. But, their total electricity demand is low compared to most states.
The best way the price of gas can be kept reasonable is through ongoing reduction in demand. Last year was a great example of this. As Covid cases climbed, people quit traveling, demand dropped quickly and substantially = gas prices dropped. Now, travel has increased quickly, demand has shot up, and prices as well.
Eventually, the supply/demand will find a balance and gas prices will settle somewhere inbetween last year and current prices (barring some other geopolitcal events).
Long term, the best way we can keep gas prices reasonable for all our remaining ICEs is to keep demnd trending down by shifting more to renewable sources for electicity (and short term keep using nuclear) and lower use of oil (gasoline) for burning in engines.
Crude oil is used for so many other needs (think plastics, synthetic rubber, medicines, surfactants used in cleaners, shampoo and lotions, and so many more) - we not only need to use less oil to conserve the environment - we need to conserve oil for all these other uses we depend on.
Definitely many challenges ahead. But, fortunately, many people and companies are innovating and technology continues to advance for alternate sources of electricity, and ways to be more efficient in using the electricity. And, the many efforts I have seen, and have participated in, to encourage the youth of today to continue to pursue learning and careers in STEM will help technology to advance further and hopefully accelerate it.