1. Global strategies
  2. Using oil

Using oil

  • Consuming petroleum resources

Context

Oil consumption is estimated at 3.2 billion tonnes of oil equivalent (toe). Given estimated oil reserves of 130 billion toe, there is approximately 40 years supply at current extraction rates (or possibly 60 years including oil shales and tertiary extraction methods).

Broader

Using energy
Yet to rate

Constrained by

Facilitated by

SDG

Sustainable Development Goal #7: Affordable and Clean Energy

Metadata

Database
Global strategies
Type
(E) Emanations of other strategies
Subject
  • Resources » Resources
  • Resources » Petroleum
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024