To keep using conventional oil at the estimated increasing rate of consumption,we must discover proven reserves of oil equivalent to the current Saudi Arabia supply every seven years.

Question

Quizplus · Accepted Answer

The rate of global oil consumption has been increasing, and to sustain this growing demand, significant new oil reserves need to be discovered regularly. Given that Saudi Arabia has one of the largest proven oil reserves in the world, finding an equivalent amount approximately every seven years is a way to conceptualize the scale of new discoveries required to keep pace with consumption.

To Keep Using Conventional Oil at the Estimated Increasing Rate