Petroleum futures are uncertain due to several factors. The supply of petroleum is limited and non-renewable, which means that it will eventually become depleted. Moreover, the demand for petroleum is expected to decrease due to the growing awareness of the environmental impacts of fossil fuels and the increasing adoption of renewable energy sources. The future of renewable resources is promising as technology advances and economies of scale make it more cost-effective. Renewable resources such as solar, wind, and hydropower have the potential to become the primary source of energy in the future. However, their widespread adoption will require significant investment and policy support to overcome the infrastructure and market barriers. Therefore, it is essential to accelerate the transition to a renewable energy future to ensure energy security, reduce greenhouse gas emissions, and mitigate the impacts of climate change.
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