, its not being created fast enough to satisfy our appetite for oil.
Got a reliable source for that?
“Got a reliable source for that?”
Yes. Just look at the price at your local gas station.
I don’t know if you’d call it a reliable source, but I’d be happy to drive you around Texas and show you derelict rigs that are still sitting over dried up wells. It sure didn’t replenish. There. No one with half a brain should accept this hypothesis as fact without a lot more study and data.
If we do not know the process by which oil is produced we can not know the rate at which it is produced.
There are also huge areas of the planet where there has been no exploration for oil so saying that oil is a dwindling resource is totally irresponsible.
For all anyone knows if you drill deep enough you may find oil everywhere on the planet.