@Mor - I think you're underestimating the huge amounts of oil that are used in industry. We are nowhere near able to replace it with any other substance easily at the moment.
Even vegetable oil, which seems to be a viable alternative in some ways, is difficult, because it takes up so much viable farmland to grow the plants needed to produce it. The price of food has gone up because so much land is being taken even for the relatively small amount that's already being used.
I think alternative power sources are the answer for as much as possible, and maybe we'll just have to continue to use catalytic reforming to get products from oil for a long time.