I went to school in the 90s and was told we would have ran out by now

You also need oil for the production of plastics so we still have to worry about that

wait. is there still baby oil? or will we run out?

Big Oil won't let us move on to all the better alternatives out there until every last glistening drop of black gold has been milked from the ground.

Good video. I have a degree dealing oil / natural gas. I live next to an oil field that once ran "out" of resource, and by this I mean it went from producing 20k BBL/day to just 20 BBL/day. 15 years later they went back to check old equipment and after checking the down hole pressure they realized AND learned the 'rock' around the formation was porous enough that oil during this time was seeping back in. This was the first oil well scientist and industry realized that oil in fact over time WILL refill the well. FURTHERMORE, they have developed unique techniques to "wash" oil off and out of walls without fracking to recover more. This is what they're doing on Alaska's north slope. They have 30 - 40 more years of oil because of this. ALSO there has been some new discoveries in which have not been mentioned to the community yet. Would like to say I am all for renewable "green clean" energy, but want people to realize to manufacture, dig, and transport this stuff still requires coal / crude products, especially when it comes to maintenance.

What will happen if Fossil Fuels Run Out? Can we decrease usage of crude oil? Corona: Say no more. We got you.

i'd love to see the fossil fuels run out, not because I eat seeds and swap sandals with my dread-locked friends, but because i'd love to see the sudden drastic demand for innovation that will have to be forced upon humans at that time. I think we'll do something amazing

Key problems of current renewables are a) inability to store electricity, and b) variance in generation out of phase with consumption and not conducive to grid high voltage maintenance. This means that for every wind turbine or solar panel you need back-up by a constant always-on source. The choice here is either nuclear or non-renewables. So for every pretty windmill you spot, a nasty nuclear/conventional power station is lurking in the background.

Obviously, there is a finite amount of oil and if we keep using it we will run out. However, the oil companies that did the "research" for when we will run out have a huge financial interest in leading people to believe we will run out sooner than later.

Its strange that No Fossils exist at the depth of most oil reserves.

The drill at 01:06 was turning in the wrong direction. Turning that way it wouldn't have been able to drill down because the dirt wouldn't be transported upwards but rather be compressed at the bottom of the drill.

This is dumbed down too much. I feel like I'm watching CBBC.

I'm honestly surpised there hasn't been an effort to artificially generate mass quantities of crude/coal, but I'm glad it seems that isn't the case.

I'm 28 years old, I'll use up oil for next 54 years(and I die) but my grandkids won't get any..!

Fossils are not found after about 8K feet, no deeper. We drill for Oil at over 20K feet. The word "Fossil" was only added to make it seem scarce.

we need more plants...

Well, im lucky i'll die before the oil ran out

*petrol heads watching in nervousness*

It's amazing seeing a video about fossil fuels and not renewable energy. In this day and age it feels like a taboo topic to talk about!

So you are saying that there's about 50 years of oil and natural gas left, and if we use just a third of that (about 17 years), the planet will experience an overall temperature increase of 2 degrees celsius which is super bad? Uh... sounds like we don't have much time left.

uranium for the first decades, thorium for the upcoming centuries and fusion somewhere on the road

I think that the reason we haven't been able to innovate our stuff is due to the lack of a sustainable energy source, and a powerful one too

Efficiency is the only thing holding us back from renewable energy. I don’t believe creating energy from renewable sources is the problem if I remember correctly, it’s the fact the it’s hard to store that energy in a cost efficient manner. I bet it won’t be long until we figure out that problem

Footnotes are brilliant!

I struggle thinking oil companies would invest billions into something that would run out. Another scam like diamonds

something cool is that his watch is reflecting the green screen behind him and the computer is adding that blue background to his watch

Most of current "sustainable energy" requires fossil fuel to produce. While it is possible to extract something like ethanol without electricity or gas, it would take ton of times and human energy to produce.

Question: What happens to the empty space beneath the ground from where these fossil fuels are extracted?

Good video! I respect the intellectual honesty. You seemed interested in sharing facts and figures rather than pushing a political narrative.

"All scientists agree that oil will end up till year 2000." - All scientists, 1985.

Energy production is one issue associated with oil usage and there are numerous alternatives for that. But what about plastic production? Are there alternatives to this issue that can match current production rates?

An outro, THANK you!

Is it just me staring at his hands just flaring around?

Can’t imagine the day when u can’t hear the sound of roaring fossil fuel engines😢😢😢😢

Could anyone tell me what and why are those numbers appearing on the top right corner of the video?

i care a lot about the environment but to be completely honest the main reason i searched for this was to make sure my future career as a mechanic wouldn’t get messed up by fossil fuels running out.....

What can't we just find away to speed up the process of making oil. Like how we before the microwave was invented people had to wait longer to cook food in there ovens. What I'm trying to say is we could artificially create coal and oil in a fraction of the time

What is this dude doing with his hands?

All of our coal was produced prior to 300 million years ago before fungus evolved to eat plastics, so we have a limited supply of coal. But oil and Gas are constantly being produced by nature, and it appears at a faster rate than we use it.

We will never run out of fossil fuels. We have already reached peak oil consumption, which is why the cost of oil as fallen to such a low, and unlink before, hasn't recovered. It may happen that it recovers then falls on final time, but we will not run out of oil

In proven reserves are also included tar sands from Alberta and other unconventional sources. So theres already a limit in prices for those 1.7 trillion barrels. Not all of it will be produced. It doesn`t matter how much oil there is in the ground while only 1 trillion of barrels left are easy to get and are cheap enogh to fuel the world economy.

What if we humans don't fully develop a new alternate fuel by the time these fossil fuel is finished, do we come to a stand still and enter dark ages?

These figures are pretty floored. Australia alone has enough gas for the next 81 years without further exploration and coal for another 500 years again without further exploration.

Fracking does not contaminate groundwater. The wells are isolated in multiple layers of casing and grout way below the ground water.

Greggy is still my favorite of the Britlab bunch.

Whenever someone say oil.. the first thing come in my mind is sultan with his beard. :v

Do the numbers (for the remaining amounts of oil and natural gas) account for the trend of the rise in oil and gas consumption or do they assume a constant rate of consumption?

Energy storage is the main problem with renewable sources. Once we find some way to efficiently harness and store the energy from these sources, is when we can truly ditch fossil fuels. Global warming would still be an issue whether using fossil fuels or not.

say it with me everyone Nuclear Fusion and Hydrogen Fuel Cells.

Why can't we just synthesise oil in the lab? I mean, with the amount of technology and advancement we have, we can maybe do it in the lab.

Is the increase in demand for oil accounted for the calculation of years left of it?

The Navy has been running micro nuclear plants at sea since the Nautilus. We can provide nuclear energy at a cost-productive scale to communities that don't need gigawatts of energy. There are also small nuclear plants that are safe and don't require a large basin of water to cool off. Furthermore, China is building a molten salt reactor in the Gobi desert far away from any water.

As emerging economies develop, fossil fuel usage will skyrocket.

i expect that we will [hopefully] look to more sustainable energy sources long before we run out of fossil fuels. either left, never to be used, or for some time far later

It’s not fossil fuel.. it was considered fossil fuel when in the Geneva convention of the late 1890’s gave definition of what an organic matter is. 3 elements that also this mineral “petroleum” had which then was considered fossil fuel since it came from Under the ground to sell it as it’s scarce like Diamonds… It’s a mineral

Oil doesn't just come from bones, it's a by product from all organic matter decomposing beneath the earth. It's supply is plentiful, but the big oil companies wouldn't make any money if we were taught that from the start. The rarer something is that is needed and that is the more expensive it becomes.

We can re watch this video in 4000 years from now & still be asking the same question. We are not running out any time soon.

Giant corporations (1990): "Keep using that oil, and keep prices up, we're so powerful." (2000): "We're still powerful, let's reduce our tax burden, birth rates are low? Eh who cares." (2010): "Awe bailouts, low taxes, low wages, keeps getting better. Let's move more jobs overseas." (2018) "Yes, Trump is in power, even more tax cuts, yay. We're having trouble hiring people though, we'll just switch to automation." (2020) This labor market is horrible, we can't even hire overseas, there's less and less people because birth rates have been declining everywhere for years. What's going on? These automation machines aren't quick enough, there's not enough of them. Dang it WE WANT MORE MONEY AND CHEAP LABOR! WHAT'S HAPPENING TO US!" (2024) "Oil and natural gases are running out fast because we're using it for automation and labor, but now our energy prices are sky high. It's cheaper to hire a person. Government do something!" (2030) "......."

The clip is from a little over 5 years ago this month. In 1990 I had "bonehead" physics and the professor said we would run out of fossil fuels within 17 years. That was 20 plus years ago!

There was a punctuation mistake, 2 rather near the end- That's optimistic*,* Greg*!*

Take that mad max universe 😂😂😂

Will a non-rewnewable resource run out? HMMMMMMMMMM

Petroleum is more than a fuel Commodities like asphalt, tires, medicine, lubricants, paints, plastics, nylon, textiles, rugs, adhesives, etc. are made out of petroleum. Fracked petroleum is a very lightweight oil that is only a source of fuel. The US fracked petroleum is exported and the heavy petroleum that our refineries can make all of the non fuel commodities out of is imported. When petroleum is history, the world will be back in the 1880s with wooden wheels, dirt roads, no medicines etc As a PhD Chemist, I am very concerned about the future for our kids

There's always going to be decaying matter. They did slip and say that some sources in the gulf are abiotic. Meaning they don't run out.

We are electrons. We take the easiest path. Unless there’s an easier path than oil, we we’ll burn every last ounce of it before a change is made I believe. We’re water. We’re electrons. We are hard wired to take the path of least “resistance”. Good video sir. Thank you. ✌️✌️

Even if there were millions of years' worth of oil, I'd still switch to alternative sources for transport (such as electricity, hydrogen...). The current noise and air pollution means oil should stay in the ground.

Just a thought, there a alot of proven oil reserves actually.But we don't have the required technology to extract it out yet.The use of petroleum as fuel may be obsolete in the coming 50 years.But crude oil is still required in many industries as well.For an instance the plastic,adhesives,rubber, pharmaceuticals and also as chemical solvents. So our dependency on oil will be not totally over just yet.

1) We are producing way too much oil atm. Much more than demand. Hence the low oil price and the fact that we're running out of storage space. 2) Big oil producing countries know that quite a large proportion of their proven reserves Will never be taken out of the ground either due to cost of extraction / deflated oil price or technological advancement meaning that the oil won't be needed. 3) If we were to run out of oil while we were still reliant on it the world population would halve in a few years due to mass starvation. Currently most of the first world import most of their food, and countries that don't usually don't produce their food near their population centres. These are all transported with the aid of hydrocarbons and many are fertilised with hydrocarbons too. Don't worry, 3 won't happen because of 2.

Nicely done! About the time we finish consuming the bulk of the oil and gas, the enhancement of the greenhouse effect will have altered our climate so dramatically that our overpopulation problem will be solved. The survivors will not have the temptation of using petroleum.

Supply is the excess right now. OPEC countries are holding on to millions of barrels of oil. The price is fixed unless they decide to change it. In the past that happens due to political reasons but OPEC might dissolve because of this accumulation failure.

Oil is not a fossil fuel, it's a product of the earth's magma. "Fossil fuel" is a marketing term, like "man made global warming." I remember the headline in 1970 : "Oil to run out by 2000." And, of course, by 1971 oil began it's inexorable price rise. By the way, the Russians scientists discovered the true nature of oil long ago, but that did not fit the oil companies plan to market oil as a limited resource.

When I was at school, crude oil was due to run out in 2008. As it turns out, it was probably the 20 August 2071.

Wait, if diamonds are created when carbon is under extreme pressure and heat, and we can replicate that in a lab, and make man made diamonds, why can't we make oil in the lab if oils is created when dead animals are under extreme pressure and heat ?

he wanted to know my opinion? welp through the whole video all i thought was "this accent is so damn nice man" the project teammates who watched this with me "cries in mochi and gucci" teammates: i am trusfrated staying with this gurl-

Producing energy from renewable resources is not as much of a problem as storing it, as most of these sources are intermittent.

2023 checking in: 46 years left

I read an article in the late 90s that said, "we'd hit peak oil by 2020" we're almost at 2020 and there seems to be plenty. I wouldn't worry about this, plus with EVs and continued improvement in battery technology we won't hit peak oil.

"It's been claimed" Setting fire to your tap water isn't a claim. It's like saying "it's been claimed shooting yourself in the foot causes a gunshot wound".

BP would never let us down.

What about all the land beyond the south pole admiral Byrd found?

My thoughts on oil running out? I really doubt it ever will and that eventually it will become one of those specialty fuels like leaded race fuel is today. I am going to keep driving my old American muscle cars because that's what I love doing and it makes me happy. However I am in the minority of people that think this way so as long as there are enthusiasts out there we will find a way to keep doing what we love and the rest of the world will move on just like it always has

i think the issue is no longer, we will run out but how much damage will it do before we switch to clean energy

Don't what we'll do without oil, but for energy production: Wind turbines, solar panels, tidal are useless they don't produce enough power. The answer is nuclear and geothermal to replace coal, oil, and gas when they run out.

4:55 opinion- we do not have a sustainable fuel source that can replace oil.

Rushia proved this all to he untrue. Look it up.....its called abiotic oil

Oil is earth's blood think about it

I mean, you could technically replicate the process of creating oil with a machine that, by putting in the decomposing organism and compressing it and going through the process etc., makes oil, someone with the said advanced technology and ability to simulate millions of years passing with that technology could make an oil-dispenser or something

what i wanted to know was .. what is the richter scale of earth quakes that have been directly linked to fracking

Electric cars will be almost everywhere in about 15 - 20 years if large car company's like BMW, Audi, Volkswagen and off course Tesla start making making more of them.

Need more engineers writing these comments, green energy isn't as simple as it seems.

Oil companies have been saying this for years to keep the price high

What will be used as a substitute once oil runs out?

Just like Saudi Prince now Saudi king once admitted - the world never lacks oil! If in doubt, just watch oil price ...

In the 90s i was told in school that we run out of oil by 2020....

Yay Greg is back!

Its crazy how we have never found fossils below 16k ft yet we drill for oil and gas at depths greater then 30k ft

Ans: Tesla will get rich

Either way we should be heavily investing in Renewable energy now. Burning more = Disastrous rises in sea level leading to loss of land and extinction of wildlife such as polar bears who need the ice to hunt and have been losing weight steadily due to shorter winters. We must hold our governments to strict emission targets and therefore force there hand on renewable energy if the economy is to not be damaged.

Like we use heat and pressure to create diamonds, why not do the same for oil? Maybe it is to expensive

When oil run out, "madman" movie lifestyle appear.