Many oil expert have been asked the question about when they expect oil to be finished....

Anybody who gives an answer to that question like 20 years 50 years or 100 years does not understand economics.

Oil will never finish....simply because if at all we were able to suck out every single drop of oil from every pocket in every corner of our planet we will have a shortage of oil far before that....and a shortage will result in uncontrollable prices.

Many people live with the comfortable feeling that if we have used half of world's oil over the past 100 years than we still have 100 years stock...

But of course the half that is still out there is not stored in a tank ready for us to suck; it is somewhere far far away under the bootom of the sea or many other difficult to reach places..... The easy stuf has mostly been taken and depleted; what is left is the more and more difficult stuff.

But don't worry about oil to be ever finished; we should only worry about the price going sky-high to the level were we cannot afford it anymore....at least not anymore for burning purposes....like for our cars, motorbikes, ships and planes. Oil will still be affordable for those industries who turn the oil in durable goods like plastics and chemicals for millions of products with more durable applications than just burning it to get from a to b.

But now imagine that we cannot afford the fuel to drive to work; we cannot earn a living anymore and economies will go into ressesion....but luckily that reduces demand for oil and demand becoming less the price will drop and government stimulus money will pump up the economy again....and than? Than we will consume more oil again and hit the next...the next and the next ressession faster and faster.....

BUT DON"T WORRY OIL WILL NEVER FINISH