The planet runs on still cheap to get in terms of energy in to energy out petroleum. Now..what happens when demand outstrips supply?
There's a good clue in there that has been brought up before, the lack of many new refineries being built. Sure, some are going in, and you can point to a lot of costly regs, etc...but the lack of interest, especially with the US petrogiants is a major clue that they *know* that we already have enough refinery capacity and it won't be cost effective to build more *if there ain't gonna be much crude to run through them*. If they knew or best guessed that a couple new saudi arabias were going to be found anytime in the next few decades, they know enough to start building the refineries now...crickets. There are some niche ones going in to process ultra heavy crude, like for Venezuela's big stash..but besides that, not too many. They *know*, and if they know, you should too, and plan your energy needs for the future *now* unless you want to be wallet raped then.
I told folks this ten years ago, told them we hit peak cheap solar panels (ha, same time I told folks we hit peak bottom gold prices and get some then..I did both in that timeframe, took my own advice, proven correct now). We have very marginal efficiency gains offset by bad inflation and the rising cost of production of said panels...and the fix has been in somewhat, look at the dozens of "breakthroughs" you and I have read about over the years..but no buck a watt retail yet. And it is not likely to happen either with long term patents, and this looming energy crunch. Takes energy to build them things, even the new plastics based panels..petroleum plastics. Plus, a lot of the critical minerals and exotic metals needed hitting peak demand as well.
Anyway, snooze ya lose. Energy production facilities in hand, insuring some reasonable supply for you for the next thirty years, versus ..paper or electronic promises of future wealth, plus nebulous job security, that you are relying on to "pay the utility bill". I know I have a coupla goals for this upcoming decade, two of which are an electric truck with some reasonable range (just enough to get to town and back, thirty miles) that I can keep charged with my solar panels, and also a small electric garden tractor so I can raise food and haul in my firewood, etc, little personal chores and not worry about liquid fuels supply. In between charging those things I already have a bare minimum amount of solar to at least run some lights and a laptop, etc.
There used to be a spiffy product for firewood that evaporated, but I bet it could make a comeback if some company wanted to take another stab at it, a 12 VDC electric chainsaw. Not expensive and limited teeny onboard batteries, just jumper cables to run it from your big truck battery. They used to make the things with something like a 50 foot set of jumpers so you could drive your truck in, cut a load of wood, and still restart and get back out. They make 110 AC saws obviously, but one with just two electric clamps would be nice, and skip the whole inverter deal. Off the wall products like that *might be* a way to future proof employment, just go with the flow of more and more expensive liquid fuels, and see what sort of electric whatever that people will want and need, could be run from solar panels dealie could replace it. It is obvious they really want to do carbon tax and skim globally, so conventional electricity will be going up in price severely, no way around that. So that means..home solar or something that fits in your area, personal windcharger, small scale hydro, etc.