- It is estimated in about 100- 150 years we would have
run out of oil.
- Our consumption of oil is increasing at the same time our production is falling. The world is currently consuming 83 million barrels of oil per day. Petrol companies aren't producing that much. - Drilling for oil is getting more difficult and expensive because we are now drilling as deep or deeper than 20,000 feet to find new reserves. - when we dig for oil there can be oil spills which is bad for the environment (Oil spills do serious environmental damage that takes decades to recover from. While oil spills do occur naturally, and have over time, the effects are often catastrophic for the area affected. Oil does break down naturally from biological and chemical decay, but it takes time ) -