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2011 projected petroleum demand is 87.9 million bpd in 2011 an increase of 1.9 million bpd year on year. It is estimated that growth in crude supplies will continue to 95 mbpd in 2020. The recent rebound of crude prices has generated interest in oil fields previously deemed uneconomical. It is obvious that the increasing supply can only be found in non traditional sources, the most common being Arab Heavy. These supplies have not been exploited because there was no need to do so. But due to the demand that is increasing every day, the heavier oil is now coming online.

Oil producer's lack of ability to find enough light oil to replace depleted light oil reserves has caused a monumental shift in the future of oil production. Combined with soaring worldwide demand, the oil world is facing an unprecedented change in production from light to Medium and Heavy Crude oil. This poses two problems. Medium and Heavy is much more detrimental to the environment than the light, and they both refine into less transportation fuel than the light with current refining technologies. New technologies exist today to remedy these problems and which are capable of supplying the world with plenty of transportation fuel.

There are 400 billion barrels of light oil in reserve producing 76 million barrels a day of oil.
There are 900 billion barrels of heavy oil yielding only 9 million barrels a day.
76 mbpd x 365 = 27.5 billion barrels per year. Divide consumption into production and you get 14.54 years.
2011 projected demand is 87.9 million barrels per day. 2020 = 95 million barrels per day.
China is growing their oil demand at a rate of 1.5 million barrels a day per year.

Falling production of light crude has generated interest in oil fields previously deemed less economical.
The most economical option being Arab Sour Crude as it is able to yield the same transportation fuel volumes.