secret_squirrel
Senior Retro Guru
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That and plastics.
I wouldnt worry about it running out any time soon. Most of the estimates are based on "economically viable" extraction which changes both with the pace of technology and the price of oil. A rise in the price of oil tends to bring unviable reserves into the game and vice versa.
The biggest worry - that the Saudi's were sitting on almost empty wells and lying through their teeth about is less worrying now due to all the finds outside the middle east.
I wouldnt worry about it running out any time soon. Most of the estimates are based on "economically viable" extraction which changes both with the pace of technology and the price of oil. A rise in the price of oil tends to bring unviable reserves into the game and vice versa.
The biggest worry - that the Saudi's were sitting on almost empty wells and lying through their teeth about is less worrying now due to all the finds outside the middle east.