Her whole argument is based on the assumption that demand for oil will decrease.
Does she really think that the vast majority of people in Asia who live beneath our level of prosperity will be content to stay there?
Does she think that they don't want roads, transport, jobs and housing equal to what we have?
Does she really think that they're going to be driving electric cars when they don't have a reliable electrical grid to plug in to?
If the vast majority of people around the world aspire to have the same level of prosperity we have, energy consumption will increase dramatically, not decrease.