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Oil is a finite resource.
Absolutely, petroleum is a finite resource. There is only so much of it in the oil wells, and when it is all pumped out, there is no more.
AnswerExamples of finite resources are things like oil, gas and coal: a resource that will run out.LIMITED IN SUPPLY(NOVA NEt)
It's finite, but we don't know HOW finite.This is the thing: We are not currently running out of oil. We have plenty. What we are running out of is cheap oil--the kind you can extract for less than it's worth.
Crude oil wasn't 'invented' ! It is a natural resource. There is a finite amount of crude oil in the Earth's surface - which will eventually run out... forcing us to use alternatives whether we want to - or not ! !
Non-renewable energy is any energy resource that is 'finite'. Examples are coal, oil, gas. renewable energy would be wave, wind, & solar.
A big disadvantage of oil in the UAE and anywhere else is that it is a finite resource. Eventually, the supply of oil on the planet will run out.
Wind is a renewable resource. Oil is not a renewable resource.
No, they are not considered a renewable resource. Fossil fuels are non-renewable because they were make millions of years ago, and when we use them up, as we may do soon, especially oil, there is no more left. Renewable means it comes back, like the power of the sun.
For two reasons 1) Because there is a cartel OPEC that can set the price to whatever level they wish. 2) Because oil is a finite resource and we are using it up. As it becomes scarcer, the price will go up due the the laws of supply and demand.
Oil is the principal resource.
Oil, the fossil fuel, is a non-renewable resource on human time scales. Vegetable oil is a renewable resource. An inexhaustible resource would be sunlight and a renewable resource would be wind energy and solar energy.