In which year do you think that oil reserves will come to an end?

Answer 1

They've been predicting oil would run out in 20-30 years for about a century now. At current rates of usage and with known reserves, we probably have about 30-40 years worth of oil. But things change. Efforts to curb global warming may accelerate the push to alternative energy, cutting oil usage. And an ironic effect of global warming may be that it makes new oil fields accessible in places like Greenland.

Stay tuned.

Answer 2

They will never end since the amount oil reserves are determined by price. When the price of oil goes up the amount of reserves goes up because more difficult to get reserves become more profitable to extract. For example, there is more oil in the tar sands of Alberta, Canada than has ever been found in the Middle East. It is just not as easy to get.

Answer 3

Interesting question. This issue has been discussed for decades, Around 1970, a movie called The Tragedy of the Commons predicted that the supply of gasoline as well as many of our mineral resources would be signficantly depleted by the 1990's. That didn't happen because technology allowed us to find new deposits and to stop using the existing resources for new; i.e. titanium. We won't ever run out; the more poignant question is how much are you willing to spend for gasoline. Is 5$ a gallon too high. European citizens are paying over 6.50 a gallon in certain areas.

Answer 4

We'll never get the last drop; it'll just keep getting more and more expensive until the price drives down the damand. Eventually, other energy sources will replace oil, but they will not equal today's oil output until we get nuclear fusion power plants.

Many experts believe we are already at the peak of oil production; it's all downhill from here.

Answer 5

As far as Crude Oil deposits, probably 50-100 years with any luck. There are also vast amounts in shale deposits in North America, though it's not yet economically feasable to extract. Once the price of gas gets high enough, you can bet they'll start getting to it.

Answer 6

About 40 years ago seems the offical estimate for coal reserve in va. & ky. was known to be 200 yrs. Present estimates have dropped drastically. The bible speaks of a people being" ever learning and never able to come to the knowledge of the truth", seems we have arrived. Don't put a lot of confidence in scientist they will have another estimate tomorrow.

Answer 7

2050

Answer 8

When I was young, they said 2000. Now 2200 is the number I hear

Answer 9

When I was young they were supposed to be gone by now.

Answer 10

you,ll be long dead, dont worry.