View Single Post
Old 12-26-2018, 06:41 PM   #4321 (permalink)
All Darc
Join Date: Feb 2018
Location: Brazil
Posts: 1,476
Thanks: 14
Thanked 362 Times in 327 Posts
Petroleum reserves (please translate to english since it's in portuguese) :

Saudi Arabia estimation it's about last for more 67 years
Russia for 22 years
Brazil 18 years
EUA 7 years ---- How will this affect EUA economy ?

Irac have huge reserves, despite not as much as Saudi Arabia, but production it's very lower, so estimation it will last for more than 150 years.

Worldwide estimation it's about 40 years, but maybe new extraction tecnics arrive. For other side the consume it's rising with population growing and with industrialization rise of poor countries.

My question. What percentage of petroleum consume it's the consume of automobiles and trucks ?
If electric car get cheap and popular, and replace combustion engine, petroleum will last longer and would help keep airplanes (jet engine) transportation.

Last edited by All Darc; 12-26-2018 at 06:50 PM..
The Following User Says Thank You to All Darc For This Useful Post:
aerohead (12-29-2018)