So what will happen to the oil companies when the US stops using oil?

I know there are others that will be buying the Oil. So will there be a major impact when America stops buying oil from overseas and starts using alternative fuel?


Will it even matter to them?


Do you think we'll find a way to make the types of plastic that need oil to make before the world runs out? (or our supply is cut off? Or price gets too high?)


Is it true that there is only about 10-20 years worth of oil left before we run out?So what will happen to the oil companies when the US stops using oil?
They will end up trying to sell their oil on Ebay :)So what will happen to the oil companies when the US stops using oil?
We will never stop buying oil, as long as there is still oil to buy.





We have probably passed the ';hump'; in world oil production just recently (sometimes called ';Hubbert's Peak';). But there will still be oil for a while.





The problem is, that with more countries becoming developed (China, India, Brazil, Russia) and requiring more oil, and with the continual increase in oil demands by developed countries, the pressure on oil will become greater just as it starts to run out. If we don't have alternative technologies developed by then, we may be in for a pretty hard landing.
i am not concerned with thier buissenss but at least oil producing countries feel secure and iraq will get freedom from america
USA will stop using oil, only when the last barrel of oil supply runs dry, which basically will mean that there will bo no oil left on earths surface, and oil companies wil be either used as musuems or sold in junkyard.





Thats it.
they will atleast stop st****** it!!!i*** is an eg.
I don't think it'll be an 'all of a sudden' deficit like that.


They'll realize that oil is becoming scarce and like everything else, necessity is the Mother of all invention, I have faith the we'll figure out a different form of energy to use. We have no choice.
They will slowly transition to become the providers of alternative fuel sources. Oil is just an easier way to make a profit. However, faced with extinction they will make the switch to fuels that hurt the environment less.
the oil compines will go broke
they use it for products like vaseline and other stuff.U.S is just a country but there are other naions who use oil too.Asia is a big continenet and it's dramtically rising like China and India.U.S does not have a lot of oil we get it from Saudi Arabia
other countries that cant afford to produce the other products will continue using oil. the u.s. isnt the only country in the world that uses oil