The government cant and shouldnt tell oil companies what to research or produce, its not their job. If people dont want to use oil anymore than someone should research themselves. Or if the oil companies see that people will buy something else they will start to make it. Energy costs go up and down, just like the economy, in the 70's gas was more expensive (with respect to inflation back then) then it is now. People used to have to line up at gas stations on their designated day during the wonderful carter administration.
Something new will come, till then we have to work with what we have. Drill some where else, and research new energy.