Is oil going to run out in the next 100 years?

Answer 1

After 5 years of rises, we believe that the 'unstoppable' oil bull run is finally coming to an end. But that doesn't spell the end of the oil investment story. Not at all.

In this special MoneyWeek report we reveal:

• Why we believe oil could fall to as low as $60-$70 a barrel.
• How you can continue to make money from oil - even when the oil prices are falling.
• Why the coming fall in the oil price effectively guarantees high prices in the future.
• The 11 most promising oil investments on the market right now.
• Why the smart money is heading for the oil services sector.

Answer 2

Not in our lifetimes, even for conventional resources such as coal and iron ore. We have resources such as deuterium for nuclear fusion, and wind and solar energy, but have not learned how to use them fully. Technology will have to adapt, and we may have to learn to be more economical, but I don't see a time of running out.

Answer 3

It probably won't, but it may get so expensive to extract compared with other technologies that we give up trying to get it.

When solar, wind, tide, hydro, geothermal and other renewable ways of generating electric power become widespread and inexpensive, then we won't need a lot of oil.
Oil.

Answer 4

We don't know for sure. While it will never run all the way out, we will reach a point when we don't have enough to use like we do now.