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Oil is overwhelmingly used by burning it and its products. Only 4% of it goes to plastic production.
by bufferoverflow 6y ago
Oil is overwhelmingly used by burning it and its products. Only 4% of it goes to plastic production.
- Retric 6y agoIt’s not just plastic but also Asphalt, Lubricants, Fertilizer, etc. However, let’s assume they only used 10% as much oil as us and only used oil for ~100 years before dying off. They would still have started with easily extracted sources not offshore oil or ultra deep oil. The world had very easily extracted oil when we started. Further, there is no missing oil based on geology.
- ncmncm 6y agoOh, you have checked? There have been no dry wells? I wonder where the term "dry well" came from.
- Retric 6y agoMost dry wells are around oil fields. We have fairly good understanding about the overall geology of oil fields, but you can have a dry well 50m from an active well. What we don’t have is most expected oil fields without oil.