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Long-term shortage of petroleum and petroleum products
Nature
The world consumes 23 billion barrels of oil a year, but the oil industry finds only 7 million new barrels per year.
Broader
Long-term shortage of mineral energy resources
Long-term shortage of mineral fuels and lubricants
Aggravated by
Scarcity of oil resources
Strategy(ies)
Reducing fossil fuel use
Value(s)
Short-termism
Shortage
Type
(E) Emanations of other problems