50 Years or Never: How Much Crude Oil Do We Have Left?

is a prime example. We'll let you decide if such things are technically the same as the original or not.

The main producers of oil to date include countries like Venezuela who have around 18 percent of the world's share of oil, Saudi Arabia with around 16 percent, Canada with 10.5 percent, Iran, and Iraq with 9.5 percent and 8.7 percent respectively. , but the vast majority is distilled to make liquid fuels like gasoline or is used to make plastic or chemicals.

It is highly likely that something equally as innovative will be devised in the future, so long as consumer demand remains high enough. But more on that later. Before we answer this question we'll need to expand on the term"proven" we mentioned earlier. This is important to understand as it will help us honestly address whether or not oil will ever run out.

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