True, though oil won't become rare for the foreseeable future (e.g. next 100 years) unless it is made so by force (i.e. government regulation). The US has insa

True, though oil won't become rare for the foreseeable future (e.g. next 100 years) unless it is made so by force (i.e. government regulation). The US has insanely massive oil reserves given the new fracking technology.