According to economic theory, the price of everything is determined based on supply and demand forces. Supply decreases and bridges significantly increases, leading to increased price.<br>Therefore, oil resources are limited, but the demand for oil is increasing. It will push oil prices to increase significantly in the future. And there will be demand reduction. Will be investing in alternative energy sources. Electricity.<br>People will move from high cost energy to low cost. Therefore, according to economic theory, the world will not deplete oil in the future.<br>If the market is allowed to operate freely, the supply of oil will never deplete, in the actual sense<br>The changes in consumption patterns and the advent of new technologies promoted by rising oil prices will cause the oil supply to never run out.
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