Moving forward, petroleum faces an uncertain future. Explain petroleum futures, using correct terminology to describe what is currently known about the petroleum supply, and apply this knowledge to a discussion of the future of renewable resources. Your response should be one paragraph in length.

Currently, the petroleum supply is being gradually depleted as demand for oil continues to rise globally. This has led to volatile oil prices and increased concerns about the environmental impact of burning fossil fuels. As a result, there is a growing shift towards renewable resources such as wind, solar, and hydropower. These sources of energy are sustainable and have a much lower impact on the environment, making them attractive alternatives to petroleum. In the future, as technology continues to improve and investment in renewable energy increases, it is likely that these resources will play a more significant role in powering our world, ultimately reducing our dependence on petroleum.