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Plastics are made mostly from petroleum, and petroleum is getting more expensive. It is a non renewable resource, in the sense that there is only so much oil in the oil wells, and when it is pumped out, it does not get replaced. We might have to switch to agricultural sources of oil, which will be more expensive.

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Will the world run out of oil in the future?

It is predicted that the world will not run out of oil in the near future, but the supply may become more limited and expensive as reserves are depleted. Efforts are being made to find alternative sources of energy to reduce dependence on oil.


What is commodity trading or exchange?

commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.


What is the future of oil trading?

Unless oil become extinct, oil trading will likely continue indefinitely. An oil future is a type of investment in which someone speculates whether the price of oil will rise or fall. It is a type of future contract in which both the buyer and seller agrees in advance on the price the buyer will pay for the future oil.


What is the Outcome of devaluation of currency?

Devaluation makes ac country's exports relatively less expensive for foreigners and secondly it makes foreign products relatively more expensive for domestic consumers,discouraging imports. As a result, this may help to reduce a country's trade deficit.


Why do schools play a crucial role in shaping the future of society?

Schools play a crucial role in shaping the future of society because they provide education and skills to the next generation, preparing them to become informed, productive, and responsible members of society. By instilling values, knowledge, and critical thinking skills, schools help shape the attitudes and behaviors of future citizens, influencing the direction and progress of society as a whole.

Related Questions

Will chocolate become more expensive or scarce in the future?

No, that is very unlikely.


What costs more to make glass or plastic?

Glass is a more expensive material to produce due to the complicated processes involved in its manufacture. Plastic is created by the use of oil as its base. Perhaps, in the current state of affairs and the projected events of the future this will no longer be true. But as of right now, that is why glass bottles are more expensive than plastic ones.


What kind of plastic are cars made from?

only on the out side of the car but this isn't conventional plastic it is a plastic like reinforced carbon fiber which is useful because its light and strong but right now is quite expensive but in the future i think more cars will be made out of plastics like carbon fiber so yes i think in future more cars will be made out of carbon fiber.


What is the future perfect tense of become?

The future perfect tense of become is will have become.


Why might polymers become more expensive in the future?

Because a lot of them are based on the chemicals we get from crude oil, and as this is used up its price will rise.


What is the future tense of become?

Future tense: will Become Present tense: become Past tense: became


Can a gift of nature become a resource in the future?

it will become a resource in the future


What is a quote by john lee love?

"...And so what if man has not the improved sharpener or plastic hawke? What will become of the future after my death?"


What is the future tense of became?

The future tense is will become.


What is the future tense of verb become?

will become, shall become, (am/are/is) going to become,


Why might polymers become expensive in the future?

Polymers could become expensive in the future due to increasing demand, limited availability of raw materials, disruptions in supply chains, or stricter regulations on production processes. Additionally, factors like fluctuations in oil prices, energy costs, and global economic conditions can also impact polymer pricing.


What is the past present and future tense of become?

Past - become Present - become/becomes Future - will become