To buy into the theroy that we are running out of oil, you have to beleive that the process by which it is formed no longer happens.
>To buy into the theroy that we are running out of oil, you have to beleive that the process by which it is formed no longer happens.
True. Even if oil and NG are generated via biological organisms then it should be replicable... of course maybe it’s the “Western World” that is indoctrinated; consider how this could/would impact [the] evolutionists, who claim that oil IS dinosaurs.
Of course there’s nothing that says that oil and NG _can’t_ be produced biotically AND abiotically; in fact this could be expected if it were a process that operated on carbon-concentrates as Earth-borne life is Carbon-based.
“To buy into the theroy that we are running out of oil, you have to beleive that the process by which it is formed no longer happens.”
Or what is more likely is that it happens at a rate much slower than our consumption rate. If so then the outcome is indistinguishable from it no longer happening.
All major field being in production decline is a good indicator that if they are being replenished they aren’t being replenished at any significant rate.