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by year 2050 all the existig wells will be out of oil and if there will be some new wells, that will also not last more than a decade or two.

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Where are the nearly two-thirds of the worlds known coal reserves?

Nearly two-thirds of the world's known coal reserves are located in just four countries: the United States, Russia, China, and Australia.


there is probably enough of this fossil fuel to last at least 200 years?

The fossil fuel in question is likely coal, as it is one of the most abundant fossil fuels. With current consumption rates, estimates suggest that coal reserves could last for the next 200 years. However, environmental concerns and the shift towards renewable energy sources may impact the actual duration of coal reserves.


How long will the worlds fossil fuels last at the current rate of increase of consumption?

The exact timeframe varies based on different estimates and factors, but it is generally predicted that at current rates of consumption, the world's fossil fuel reserves will last for several decades to a few centuries. However, it is important to note that the environmental impacts of burning fossil fuels, such as climate change, are a significant concern regardless of the timeframe.


Why are crude oil reserves unevenly distributed in the worlds countries?

Crude oil reserves are unevenly distributed due to geological reasons, with factors like ancient tectonic activity and sedimentation patterns leading to the concentration of oil in certain areas. Additionally, economic and political factors play a role, as some countries have invested more in exploration and extraction of oil reserves. Geopolitical considerations also influence where companies and countries choose to explore for oil.


Where is the world largest thorium deposits found?

The largest thorium deposits in the world are found in Australia, India, and the United States. These countries have significant reserves of thorium that could potentially be used as a source of nuclear energy in the future.

Related Questions

Why the petroleum industry is a big business and how?

The petroleum industry is big business because society depends on petroleum for energy. Oil accounts for a huge percentage of the entire worlds energy consumption.


What percentage of the worlds oil reserves are controlled by OPEC countries?

The 12 OPEC contries control 79% of the worlds crude reserves and 44% of the worlds crude oil production.


What country has the largest coal reserves in the world?

Russia has the largest coal reserves in the world. It has 1 third of the worlds coal reserves.


How much of the worlds energy is provided by petroleum products?

41%


What country in south America has the worlds largest copper reserves?

Chile


What country has the worlds largest copper reserves?

"Pakistan has world's largest copper reserves." It is actually Chile that has the largest copper reserve.


Where are more than half of the worlds known oil reserves located?

in Siberia


What is the worlds biggest oil country?

Saudi Arabia with proven oil reserves of 264,600,000,000 barrels of oil.


In 1990 which country controlled 25 percent of the worlds oil reserves?

Saudi Arabia


When will the worlds supply of coal run out?

Not for a long time. Some areas which have stopped mining coal for various reasons still have millions of tons underground which can be accessed using more modern methods to extract the fuel without sending men underground.


Why is it impossible to know exactly how large the worlds oil reserves are?

Because it is out of sight and therefore immeasurable with any precision.


Worlds richest somalian?

mohamed roble mahamoud who has $13.58 billion.He lives in Spain and is a petroleum engineer.