If we divide Earth's current proven oil reserves by current annual consumption of about 26 billion barrels, we see that we have about ________ years of oil supply remaining, at present rates of consumption.
A) 15
B) 30
C) 50
D) 80
E) 130

Question

Quizplus · Accepted Answer

According to the Energy Information Administration, Earth currently has approximately 1.7 trillion barrels of proven oil reserves. Dividing this by the current annual consumption of 26 billion barrels gives us around 65 years of oil supply remaining. However, this calculation does not take into account any future discoveries of oil or changes in the rate of consumption. Therefore, it is important to recognize that this estimate may not be entirely accurate in the long-term.

If We Divide Earth's Current Proven Oil Reserves by Current