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%!"