According to BP's Statistical Review of World Energy 2020, oil consumption fell to its lowest levels since 2011 as a result of the coronavirus pandemic. This meant supply was falling by a staggering 9.1 billion barrels per day. But although this fall in demand may have bought us a little more time – current estimates suggest we have 50.7 years of oil left, up from 50.2 in 2018 – we've still reached crisis point. We rely on oil not just to power our cars and vehicles, but also to make different plastics and synthetic materials.

When Will We Run Out Of Natural Resources? The Frightening Truth Revealed