Yes, the end of petroleum for fuel is definitely in the cards, but still much needed for plastics and other non-fuel purposes. It will still be a challenge for all of us, but new opportunities too.
I grew up in Edmonton, but left in 1990. I lived in Banff for five years working in IT and moved to Calgary in 1996.
IT is a very hot and promsing major to work in. To damage the oil and gas industry in Alberta, people do not need to not use oil at all, 1% less demonding or crude oil below 40 usd again, would damage Alberta hard enough again. You should saw a lot of what happened in these three years here. I am working in this industry and really worried when think deeply. lol.