When will we run out?
The VorheesThe pockets of oil trapped between Earth’s strata are finite, at least on a human time scale. It takes millennia of immense pressure and heat to transform ancient remains into fossil fuels. Economists and geologists are still debating when, whether, and how we’ll run out—the answer is a moving target. In the meantime, here’s our best guess as to how much of Earth’s milkshake we’ve got left to drink.Canada: 170 billion barrelsThough the U.S.
Though the rate at which they find new troves has slowed, modern tech allows for locating and tapping into hydrocarbons that were inaccessible decades ago.These deposits could be in locations too remote or in rock too solid to drill. Corporations might get at them in the future if new tech allow. Much of the crude in the Permian Basin in Texas and New Mexico was once “probable,” but more-precise drilling techniques goosed it into the proven realm.
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