Earlier quoted context omitted.
I remember listening to a Michael Moore book in 00s where he talked about peak oil and had a funny story about a grandparent telling kids what it was like to have petroleum products like plastic and whatnot. He listed all the things made with oil that would disappear. I thought that was a bit crazy so did some research on the topic and realized that he was either full of horse apples, or stupid, or being deceitful, o…
I don't think that's fair. Our methods of determining oil reserves and our technology to extract oil from previously un-economic raw materials (shale oil, tar sands, heavy crude) have improved dramatically, which is the main reason for the glut of oil that we see today.
I think the part that is fair is the belief that we would run out of oil to the point that we wouldn’t be able to make plastics. That’s just me not taking into account of the supply demand curve where plastics would be able to use oil even if we were not able to affordable fuel cars.