Crude oil is a petroleum product that contains a mixture of hydrocarbons, others and is located underground. The color of Crude Oil consists of light yellow, dark brown, or black. This material is available in a range of very viscous liquids and like concentrated tar. widely used around the world to produce other materials such as diesel, gasoline, and various forms of petrochemicals. These resources are included in non-renewable resources which means these materials cannot be replaced naturally. So, these materials have limited resources.



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What happens if crude oil runs out?

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Since this material is very important and this resource is very limited,so the likelihood for this resource
to be depleted is very high.Therefore ,this is what will happen if the Crude Oil runs out?

1.Oil Prices Will Rise Drastically


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If Crude Oil Runs Out, Then, The Price Of Crude Oil Will Increase. Why The Price Of Crude Oil Can Increase? This Is Because Of Supply And Demand.

                                                          
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What Is Supply And Demand? Supply And Demand Is An Economic Concept Where There Are Few Goods But Many Want It.
For Example: There Are Only 10 Goods But 1000 People Want To Buy. So, The Price Of Goods Will Increase.

So, Generally, When Crude Oil Remains A Little But Many People Want Crude Oil, So, The Price Of Crude Oil Will Rise.
That is the explanation.

2.All Types Of Jobs And Industries Will Be Affected


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Crude Oil Is Very Important For All Types Of Jobs And Industries. So, When Crude Oil Runs Out, All Types Of Industries And Jobs Will Impressed And More Will Be Fired. This Is Because Crude Oil Is An Important Source For Transportation And Agriculture And There Are Still Many Again.

3.The Agricultural Industry Will Be Affected

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The Agricultural Industry Is The Most Important Industry. So, When The Crude Oil Runs Out, The Agricultural Industry Will Be Impressed. This Is Because
Machinery And Tractors Cannot Be Started Because Crude Oil Runs Out. In Addition, Crude Oil Is Also Used To Produce Fertilizers, Pesticides And
insecticide.

So, if the crude oil on this earth is depleted, then fertilizers, pesticides and insecticides cannot be produced.