Where Does Our Oil Come From? http://testu.be/1GqxM9S Why Low Gas Prices Are Bad For The World http://testu.be/1BqgMhq Subscribe! http://bitly.com/1iLOHml Around the world, over 34 billion...
========== October 22nd, 2015 marks World Energy Day,
when we observe the need to take environmental action in the face of energy dependence. This
holiday originated at the 2012 World Energy Forum, intended to address the future of oil
and sustainability. Although peak oil usage was supposed to have occurred in the 1970s,
today production and use is as high as ever. So we wanted to know, just how much oil do
we actually have left? Well, unlike more modern forms of energy,
crude oil is a non-renewable resource, meaning that once we use it all up, it’s gone. Almost
all of the world’s oil is located in vast reservoirs, centralized in a number of countries.
However, whether that oil can actually be extracted is referred to as “proven or unproven”.
Proven reserves sim...