We have seen the new perspectives from the nations of OPEC that includes Saudi Arabia, Venezuela, Iraq, and Iran. They believe that oil reserve figures are decreasing, and people from all across the globe are entering in the worldwide paranoia due to this particular reason.
The central fact that you should remember is that eventually, we will run of it. Maybe we will not see that happening, but in some moment it will be gone, similarly as water, as some people assume.
So it doesn’t matter whether you wish to enter the oil rig business to or to start enjoying in offshore oil rig living quarters because, in theory, it is possible for complete oil depletion, but we cannot presume anything.
It took more than 10 million years in combination with the mass extinction of dinosaurs and specific geological processes to create crude oil which means that it is a … Read More