But we are using it much faster than it is being formed. How long do you think it takes a droplet of oil to migrate to a trap?
But we are using it much faster than it is being formed.
That may be true, but we are finding (able to unlock) new stores faster than we are consuming it. Thus, worldwide proven oil reserve volume continues to increase, despite consumption. And has been doing so, continuously, since subterranean oil was discovered in PA.