You could also use the corollary, that as EV use rises and ICE declines the price of petrol and diesel will rise!
In a fair market, lower demand means lower prices.
Of course the government will instead tax it like smoking so it becomes unaffordable.
You will have to pay for the extraordinary cost of electricity instead.
There is no way that the consumer will get cheaper means. That is not how government works. Of course they wilk tell you it will be cheaper to convince you to do what they want but when you are trapped, they will turn the screw.
The argument regarding costs rising is not born out if the importation if oil is from countries that see no drop in demandand, or if they do, it’s likely they can lower prices as they the have the infrastructure to supply greater amounts than required.
Oil companies do not produce on demand.
Remember when in covid they were paying people to buy fuel? You know why?
Because no one was using it.
Also the technology for oil production is already in use and well understood so cost of production is not bogged down with tge expense in bleeding edge technology like batteries.
It’s not to say I’m right but these factors are worth baring in mind for a counter argument re price.
If oil producers are going to have to compete, putting their prices up whilst loosing market share does not make sense. Usually economy of scale involves the purchasing or raw materials that cannot be bought cheaply due to purchasing power. If you’re standing on the raw material and it’s essentially free, that kinda helps.