Oil is a non-renewable resource and we will eventually run out of it. Ancient biological matter and a process that lasted about 10 million years are both responsible for the massive reserves of crude oil that we continue to extract today in order to power our industry, light our homes and move forward our transportation; […]

Read More →

Oil, like other resources, are not infinite and as more extraction of oil is done all over the world, there are also more theories that analyze the rise, peaks, falls and depletion of oil in different moments in time. There is even a theory, developed by M.King Hubbert’s studies, that oil will not only deplete, […]

Read More →