1. World problems
  2. Long-term shortage of petroleum and petroleum products

Long-term shortage of petroleum and petroleum products

Nature

The world consumes 23 billion barrels of oil a year, but the oil industry finds only 7 million new barrels per year.

Broader

Aggravated by

Strategy

Value

Shortage
Yet to rate
Short-termism
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #15: Life on Land

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
  • Industry » Products
  • Resources » Petroleum
  • Societal problems » Scarcity
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    E8626
    DOCID
    11586260
    D7NID
    133904
    Last update
    Feb 23, 2022