Can’t consume 7.7x more oil than what is discovered for long.
Global oil discovered 7.7 times less than consumption in 2019
https://energyskeptic.com/2020/oil-discoveries-in-2015-lowest-since-1947-2016-likely-to-be-even-lower-bloomberg/
And “proven” resources are faked for political reasons. See:
Too Much by Half: The Coming Cut in Proved Oil Reserves
https://www.amazon.com/Too-Much-Half-Coming-Reserves/dp/1078442312
Can’t consume 7.7x more oil than what is discovered for long.
Global oil discovered 7.7 times less than consumption in 2019
https://energyskeptic.com/2020/oil-discoveries-in-2015-lowest-since-1947-2016-likely-to-be-even-lower-bloomberg/
And “proven” resources are faked for political reasons. See:
Too Much by Half: The Coming Cut in Proved Oil Reserves
https://www.amazon.com/Too-Much-Half-Coming-Reserves/dp/1078442312