Jared’s Blog

                                           THE WORLDS OIL Supply     

Now a day the world has been using up the worlds oil supply it takes a very long time for it to form but it takes such little time to use it all up. For example of the use of oil more than 95% of the world’s transportation uses oil like Planes, Cars, Tractors and a lot more vehicles. Paul Roberts says in his book The End of Oil “around 2030 our oil production will be on the peak of termination because we probably would have used up all of the crude oil”. Soon when the non O.P.E.C [Organization of Petroleum Exporting Countries] countries run out of oil we will be begging for oil from the O.P.E.C. countries so if the O.P.E.C. countries are short on money they will raise the gas price as much as they want so soon we will be out of oil and we will be flat broke mattering the price the O.P.E.C. countries make their oil so the O.P.E.C. countries will b rich where the non O.P.E.C. countries will be broke because of oil so we will need to find another source of energy. These O.P.E.C. countries include Algeria, Indonesia, Iraq, Iran, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and
Venezuela. These countries controlled the Middle East and the
Middle East has 65% of the Worlds oil. Still so when the oil supply is only available in the O.P.E.C. regions we will have to pay their price no matter how ridiculous it may be. So before that happens we are figuring out how to make cars that will run something but oil. For example a gas electric hybrid or a wind or solar or infact a geo-thermal car. So we are thinking what we make that doesn’t run on gas so when we run out of oil we will be prepared.