Final answer:
The oil business in 2022 is expected to continue relying on fossil fuels rather than renewable energy sources due to the influence of global energy corporations and the potential negative impact on the petroleum industry. The transition to more eco-friendly alternatives may be slow due to practical limitations and resistance from the fossil fuel sector.
Step-by-step explanation:
The oil business in 2022 will likely continue to be dominated by fossil fuels rather than renewable energy sources. This is because global energy corporations have a significant influence on politics and have a vested interest in maintaining their current operations and profits. While there is growing interest in renewable energy due to environmental concerns, the transition to more eco-friendly alternatives may be slow due to various practical limitations and the potential negative impact on the global petroleum industry. The overall economy could benefit from shifting to sustainable energy sources, but the transition may face resistance from the fossil fuel sector.