But oil products can be produced from biomass and energy too. And is carbon neutral, and doesn't have the potential side effects of extraction leaks and fracking concerns.
Oil isn't magic, it is straight up organic buildup put under heat and/or pressure. You can make 'fossil fuels' out of trees, grass, frogs, people, ect. It is just limited by our ability to produce energy which is currently our biggest restriction on pretty much every industry in the world and is what we are most concerned about solving.