Question

crude oil reserve are limited all over the world .If the people continue extract it at the present rate,the reserves would last 35-40years more .explain any three way to overcome this problem​

Answer 1

the standard claim that the world has proved conventional oil reserves of nearly 1.7 trillion barrels is overstated by about 875 billion barrels. Thus, despite the fall in crude oil prices from a new peak in June, 2014, after that of July, 2008, the ‘peak oil’ issue remains with us.”