We know that oil is formed from prehistoric plants being converted to oil under pressure in the earth’s crust. Is this process still happening, but we’re not able to access new sources due to using current resources too quickly, or is there only a finite amount and we’re going to run out entirely one day?
In: 70
Yes the process the produces oil is still active, and will be as long as there is biological matter living and dying.
The reason why we will actually soon-ish consume all available oil is because our **rate of consumption** is much higher than the natural **rate of natural generation**. This is the definition of a renewable or non renewable raw material.
Plus the technical-economical issue of extracting hard to reach reservoirs.
Oil is not renewable at our current rate of consumption. **Almost anything** is non renewable at our rate of consumption. Carbon, nuclear fuel, water, forests, animals, lithium… We are ravenously devouring most resources, some of them have big enough “buffers” not to concern us, but we are driving animal species to extinction, steadily reducing clean water reservoirs, ravaging woodlands and so on.
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