Some of you are acting as if running out of oil would automatically make them go broke.
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Originally posted by -Johannes-Some of you are acting as if running out of oil would automatically make them go broke.
the next step after acquiring power is expanding it.
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also remember sometimes brilliant minds don't want to settle for government jobs and go for where the money is at.
if money is what you you're looking for, Saudi Arabia has plenty of it.
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Originally posted by Roy Jones Jnr View PostNah i meant how long ago did they discover the oil?
Originally posted by Strictly_UG View Postdo you have any sources for those facts lol? I'd like to see them because knowing how much oil we have left is something I've always wanted to know.
the future's tommorrow, nobody knows what its gonna bring.
the present fact is that the entire world runs on fossil fuels and will do so for a very long time.
Posted from Boxingscene.com App for Android
There are an estimated 1.3 trillion barrels of proven oil reserve left in the world’s major fields, which at present rates of consumption will be sufficient to last 40 years.
By 2040, production levels may be down to 15 million barrels per day – around 20% of what we currently consume. It is likely by then that the world’s population will be twice as large, and more of it industrialised (and therefore oil dependent).
In about 40 years we will reach that crisis where we won't have enough to put out ECONOMICALLY so we can continue the way we are going. We have to invest in new energy technology.
Originally posted by -Johannes- View PostSome of you are acting as if running out of oil would automatically make them go broke.
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