How much longer are the oil resources of the earth expected to last on the basis of the current technology ?

Question

How much longer are the oil resources of the earth expected to last on the basis of the current technology ?

Answer 1

Technology isn't the limiting factor, money is. We have huge stores of petroleum locked up in shale and in oil sands. It just isn't economical to mine and refine. When the price rises enough, the oil companies will "come to our rescue".

Answer 2

at our current world human population we accelerate oil depletion. it may last about 20 years more and after that there will be no more abundant source and it may deplete sooner. remember our gas prices is soaring up to fix the problem.

Answer 3

About 25 years, give or take. There are reserves that have been put off limits due to potential risks and costs.  Tapping into these could prolong the timeline.

Answer 4

from 2012 to 2020, anywhere between there will be a massive oil shortage, then if we have no alternative we have to go back to the dark ages for the earth we destroyed to replenish itself

Answer 5

OPEC stay that they can supply crude oil without any problem for more  81years.

Dubai fuel resources will get over upto 2016.

Answer 6

The oil resources of the earth are expected to last till 2020.

But till 2020 the rates of oil products will be increased 70 times as compared to the present year.