1 definition by Oil Makes The World Go Round
A substance which the United States economy relies heavily on. Contrary to popular belief, the world has enough oil to last for at least 500 years. The global oil supply will last for approximately 500 years, even if consumption rates increase by 15%. A variety of products are produced from chemicals and such that are found in crude oil. Crude oil is the raw, unrefined substance taken directly from the earth.
Jimmy: "Gas prices are gonna never stop going up, because we only have 40 years left of oil".
Alex: "You idiot, we have at least 500 years left of oil, even if consumption rates increase by 15%!"
Alex: "You idiot, we have at least 500 years left of oil, even if consumption rates increase by 15%!"
by Oil Makes The World Go Round March 31, 2006