Not really. We are not running out of oil. Fuel is one of the basic blocks required for living, and oil is the most used form of it. Without oil the existence of life is impossible, as it supports the life process and activities on planet earth. Many scholars over the years have been of the view that the oil resources present in the planet are going to end one day, and there will be no oil left after that. In reference to this theory many methods are being derived to reutilize the oil or ...