This pie chart (from The National Ocean Service) represents the worldwide uses of oil resources, as you can see, about half of the world's oil supply is used for transportation.
If only there was some way to power vehicles without burning fossil fuels. Here are a couple of videos that have an idea for just that. Electric cars! They work, and they are faster than you think. According to About.com, in '99 a Belgian built electric racing car designed by Camille Jénatzy called "La Jamais Contente" was clocked at 68 mph, not bad, even better when you consider it was 1899.
As for heating and creating electricity the next most prevalent uses of oil, alternatives include; solar, wind, hydro, and tidal to name a few.
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