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And we've got plenty of oil left. If we access the reserves in Serbia there's oil resources there to last us 800 years. And don't say I'm wrong- my father works high up in an oil company, so I know this for fact.
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There are oil reserves that will last us a long time. The problem is that they'll last a long time because they're such low quality that it will take too long and cost too much to refine that no company will be bothered to deal with it.
Here's another point that people tend to forget; many other chemicals are produced as a byproduct of oil mining. Without oil, we won't have any plastics. Imagine how
that's going to affect your life!