A recent study (http://priceofoil.org/2016/09/22/the-skys-limit-report/) determined that: we’ve not just passed “peak oil” in terms of the apex of the supply-demand curve, where the Earth’s reserves have been so depleted, that demand will always outstrip supply (from here on in); but we’ve also outstripped usage versus ecological consequences, ie – any further oil wells means that exceeding 2 degrees of global warming is inevitable … and thus, the amount of new oil wells we can drill is NONE, NONE MORE BLACK.
Ecologically and Socially Friendly and Sustainable, Anarchic Civilisation