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The mix of actual reasonable answers and "everyone here despises capitalism, so I'll just blame it on conspiracies involving the rich" answers is quite interesting.
The simplest answer is that almost everyone is motivated by what they can get out of a thing, and petroleum is cheaper than the alternatives. The infrastructure is already in place, and the downsides (including climate change) are paid for by everyone, not just the producers and biggest consumers.
Another factor, albeit a smaller one, is that not everyone wants to move away from them. I have a friend who loves his classic cars and feels threatened by the thought that alternative methods would take away his biggest joy in life. There is also the practicality aspect - I don't drive but if I were to buy an electric car I have no idea where I would charge it, there's not that much of an infrastructure for it that I've seen near me.