Oil in the future

There are many of scientific thoughts that the resources of oil will be exhausted with time. (Better way to say this would be: According to scientific research, oil reserves will be..)

The countries which whose economy depends of on the oil industry such as : UAE, Saudi Arabia, Russia etc. don't agree with this opinion. From year to year of there is a rise in the manufacture of cars which work on electricity like an alternative the oil. OPEC countries reconcile the policy forming the oil price in the world. We have been seen that the oil price had the has a tendency to lower and last year was a period when the oil price was so law very low.
UAE is one of the countries whos whose oil reserves are the biggest largest in the world. It is so a rich country and they its economy constantly rises. They The government provides the a high quality of life for their nation, which has and they have the opportunity to study in any university in the world. It is This is only one example.
It is so interesting I would be interested to know which your opinions about on this topic.