That's just Saudi Arabia. There is more alot more to be discovered than what has been extracted or located to date.
Your probably right, but what's gonna lubricate the tectonic plates if we use up all the oil.
And, additionally, Iran and the islamic world are going to bring on Armageddon within two or three year.
My three android girlfriends (currently on back order) and I are going to set sail for the horse head nebula. Unfortunately, my new "space ark" is also on backorder (and on layaway...seems that planning an off-planet future is bad for one's credit rating).
Where, just to replace what the world uses a year we have to find 30.6 billion barrels of oil a year. At the present projected use we will have to find 36.5 billion barrels a year. In 2020 China will have more cars than the US.