Final answer:
Excessive consumption of dietary oil leads to higher calorie intake and possible health issues. When it comes to energy resources, overconsumption of oil contributes to unsustainable energy use, environmental damage, and economic effects.
Step-by-step explanation:
The statement 'Too much oil causes too much consumption' is somewhat ambiguous, but if we are talking about dietary consumption, the answer is True.
Consuming excessive amounts of dietary oil can lead to an increase in calorie intake. If we're considering oil in the context of energy resources, excessive consumption of oil can lead to unsustainable levels of energy usage, environmental harm, and economic instability.
Currently, about 31-35% of the world's energy comes from oil, predominantly for transportation. The price of oil is subject to fluctuations based on political events, new discoveries, and technological advancements in extraction and drilling that may reduce costs and the workforce requirements.
However, overconsumption of oil as an energy source also contributes to increased greenhouse gas emissions, which are known to have significant impacts on global climate and overall sustainability.