Frankly, we've got plenty of fossil fuel, just little will (thanks to the Libs) to extract it...
The report by the RAND Environment, Energy and Economic Development program says that between 500 billion and 1.1 trillion barrels of oil are technically recoverable from high-grade oil shale deposits located in the Green River geological formation, covering parts of Colorado, Utah and Wyoming.
The mid-point of the RAND estimate – 800 billion barrels – is three times the size of Saudi Arabia's oil reserves. This is enough oil to meet 25 percent of America's current oil demand for the next 400 years.
Download the full report (pdf)
Your statement implies there is absolutely no reason to recycle. (If recycling cannot be justified -- even environmentally -- why bother?) Show me the numbers, deliniating inputs and outputs, to support such a claim.
Supposedly, the main objective of recycling is to reclaim assets from our waste products instead of simply burying them. In certain cases, such as aluminum, recycling costs much less than producing it from raw materials. If the the total energy and environmental costs associated with collecting, transporting and processing waste aluminum exceed those of mining bauxite, etc., I'd be surprised, to put it mildly.