We’re talking about crude oil here, the type of oil that we use to burn and produce energy like electricity, can one day the earth have no more oil? Well according to wikipedia: “Oil depletion is the decline in oil production of a well, oil field, or geographic area. … The United States Energy Information Administration predicted in 2006 that world consumption of oil will increase to 98.3 million barrels per day (15,630,000 m3/d) (mbd) in 2015 and 118 million barrels per day in 2030.”
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