Some of that oil can at least be substituted with other sources of hydrocarbons, especially natural gas (just like coal->ng): https://www.bcg.com/en-au/publicat

Some of that oil can at least be substituted with other sources of hydrocarbons, especially natural gas (just like coal->ng): https://www.bcg.com/en-au/publications/2017/energy-environment-upstream-oil-gas-multiple-paths-peak-oil-demand.aspx https://www.bcg.com/en-au/publications/2017/energy-environme...