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 and no.
There is some carbon material yet to develop into oil in the crust of the planet. There is a finite supply of it though and that of which we can reach easily.
We will eventually run out but we are still finding some new sources here and there.
We can artificially create oil in a lab but it’s yet to be cost effective and energy efficient for purposeful use.
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