Gasoline is only one of the byproducts of oil products a modern economy requires. Lubricants, diesel, nitrogen, and the list goes on - these are still all needed even if we convert to 100% EVs.
https://www.eia.gov/energyexplained/oil-and-petroleum-produc... https://www.iea.org/reports/global-ev-outlook-2025/trends-in...
https://ourworldindata.org/how-many-people-does-synthetic-fe...