“Crude Awakening”
The “Crude Awakening” article is about how much of the world’s oil supply is left. Some main points and facts are:
- Oil is the most important item traded between countries.
- 90% of the world’s transportation petroleum.
- That 90% also concerns thousands of products made from oil.
- Saudi Arabia has the most barrels of oil, 261 billion barrels.
- Mexico has the least barrels of oil, 15.7 billion barrles.
- The natural gas fields in Iran, Qatar, Russia, Turkmensistan could fuel the world for over 50 years.
If I had to guess when the world’s oil supply would run out I would guess about 400 years if we live the same way we do right now. I would guess this because if Iran, Qatar, Russia, and Turkmenistan could fuel the world for about 60 years, Saudi Arabia could fuel it for about 80 years also. After I added that I added other countries for about 150 years, then all the other countries for about 210 years as the most. Then I got about 400.
