electr0o84

electr0o84 t1_j08c8c2 wrote

>am on
>
>https://www.nasdaq.com/articles/how-much-oil-left-earth-2017-12-27
>
> isn't particularly helpful, but points out there's almost certainly more oil that we can obtain economically and even

Proven oil also only includes economic oil as proven oil is a way to help investors know the worth of the company. So if easy-to-drill oil becomes hard to get, prices go up and what was once an uneconomical oil is now economical to drill becoming proven or probable. With the current reservoirs of heavy oil in Canada Russia Venezuela and the rest of the world, I believe we have will have transitioned to other energies way before we run out. but if we did run out there is still an abundance of coal for energy or better yet nuclear.

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