Oil isn't infinite, so how much is left?

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  1. Alt_Writer21 profile image56
    Alt_Writer21posted 7 years ago

    Oil isn't infinite, so how much is left?

    We all know oil is an exhaustible resource, but how close are we to the "bottom of the barrel" so to speak? Do you think the recent increase in gasoline prices has anything to do with this?

  2. optimus grimlock profile image59
    optimus grimlockposted 7 years ago

    hard to say probably enough for 1000 years or more

  3. nightwork4 profile image59
    nightwork4posted 7 years ago

    to say it is infinite isn't really true. we are using it up quickly but it is always reproducing itself , it just takes thousands of year to happen. i'm guessing if the truth was to be told, we have a lot more then the oil companies want to admit.

  4. lime light power profile image60
    lime light powerposted 7 years ago

    It's a pretty well understood fact that there's not that much oil left that is "Easily and Economically Recoverable" that is the big problem - finding it and then getting it. Wikipedia has done a pretty good job of explaining Peak Oil and has some interesting quotes from top oil executives discussing the topic and in particular the relationship between "finding it" and "getting it" at an economical price.

  5. zionmyhome profile image54
    zionmyhomeposted 7 years ago

    Stuff You Should Know podcast from howstuffworks.com has a great podcast on this.  They're smart, engaging, entertaining, and you'll learn something.  Here's the link http://blogs.howstuffworks.com/transcri … ut-of-oil/

 
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