Well, while a lot of oil resources are depleting, there are good things happening in the Oil and Gas sector too. Did you know that there is a company in India that has innovated in their oil and gas drilling which led them to win an Innovation for India award by Marico Innovations Foundations!
I call that a huge turning point for this industry! They decided to explore for Oil and Gas in the east of India, where there had been no traces. If you want to read more about this, check out this slideshow.