Contrary to popular belief and urban legend, oil does NOT come from carcasses of dead dinosaurs and plants, and oil is NOT a finite resource being expended ...

Oil is a manufactured product of the earth's natural function as part of the mantel core of the planet and is replenished as volume depletion dictates automatically ...

The widespread use of the term “fossil fuels” is a deception created by anti-energy propagandists and earlier theorists to make people believe that oil is the result of countless dead dinosaurs and decaying vegetation. However, oil is “abiotic”, a term that means it is a natural product of the earth itself, manufactured at deep levels where there never were any plants or animals ...

This natural oil escapes from the mantel core region of the earth and travels upward through cracks and fissures toward the surface, where it collects in pools ...

It is these pools of escaping oil that become depleted as they are pumped out more rapidly than the natural process can refill them ...

When the term "oil reserves" is batted around, it is used in the context of known existing oil pools that are accessible on a cost effective basis using current technology - therefore, the natural oil manufactured at the mantel core zone and it's immediate outward layers are not included in the count as "oil reserves" because we do not yet have the technical ability or financial feasibility to extract it - there is a limitless supply of natural oil that can not yet be counted as accessible oil reserves ...

Technological advances in fracking, horizontal and deep well drilling over these past ten years have dramatically reduced the costs and rendered heretofore uncounted oil pools to now be both financially and technically feasible for development - this means our "oil reserves" have dramatically increased by ten fold in a very short period of time and as technologies advance further, our accessible oil reserves become limitless ...

Yes, there are environmental concerns to be addressed, and those concerns can be mitigated in the development process without the political demonizing of all oil exploration and zero expansion now or ever; as the eco-terrorist and enviro-whackos (both in and out of government) desire ...

Mitt Romney stated that we can achieve energy independence within the next ten years, and he is absolutely correct in that assessment ...

Russia, China and India are following very close behind in oil technology and with a little concentrated effort, the major users of oil products can be free of the economic and terrorist strongholds of the middle east in short order - let them find other revenue sources to kill themselves and their neighbors ....  

The Earth is NOT running out of oil and likely never will ....  

reference

Clavin wrote on Sep 27^th, 2012, 7:57am:


A 'theory' "a well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experiment." (Wikipedia).

The thing you are referring to is not a theory, it is lunatic raving.

GringoBob wrote on Sep 27^th, 2012, 8:32am:


Rush.

Kapenaar wrote on Sep 27^th, 2012, 8:19am:



No, abiogenic origin of oil is not a lunatic raving, it's a legitimate theory.  One that makes as much sense to me as biogenic origin.  I really don't care, however, what the origin is, I'll leave that to scientists to eventually figure out.  But, the whole idea of the world 'running out of oil" is nonsense, in any event.

Assume that oil is a finite, irreplaceable commodity, which has a market value.  As the supply of oil decreases and demand increases, the market value, and price, goes up.  Somewhere in the moving interesection of the supply demand lines, alternative energy sources become more viable and relatively more affordable.    As the supply of oil approaches zero, the price becomes prohibitively high, and it ceases to be a viable commodity...but the supply of oil never becomes zero, oil never runs out.

Gringo Bob,
I would like to see your research that you are using for this theory.  Both my parents have been in the Oil/Coal industry for many years.  I am not disclaiming what you say but I want some science to back it up.  

How does the Earth make oil?  What is it made of?  What is the scientific process that makes it?

These are questions I have for you on this.  And the link you provided for research was about the oil formations in WY.