Half of all the oil consumed since the dawn of the modern oil age in 1859 has been consumed from 1998 through 2021 inclusive based on data available from the BP Statistical Review of World Energy. Approximately 1.4 trillion barrels of oil are thought to have been consumed to date (though there are estimates as low as 1.1 trillion). That means that in just the last 24 years total historical oil consumption has doubled. It is hard for most people to imagine the vast increases in the rate of consumption of practically everything that makes modern…
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