This is becoming the more and more reasoned theory. I have seen evidence of this theory in print now for over a decade. There is factual evidence of oil wells thought to be dry "filling up" with attainable oil again.
The problem with this, of course, is that if true - and I suspect it is - this would drive the environazis absolutely nuts!
This repeatedly comes up on threads and has been repeatedly shot down by people that actually know what they're talking about; people have got it in their heads that oil fields all over the world are rapidly re-filling; this is not the case. There's a tiny handful of fields that may be re-filling that are connected to other fields that haven't been tapped. On the other hand, there are THOUSANDS of oil fields that are basically played out and are not refilling.
And there are very, very, very few petroleum geologists that do not believe oil is a fossil fuel; there are people on FR under the mis-impression that most geologists now accept Gold's theories about the abiotic generation of petroleum, and most completely dismiss it.
I've heard Corsi on Coast To Coast AM before, but I'd never associated him with the Swift Vets before. His explanations of this stuff sounds reasonable, and the evidence is there, as you said... Tapped out fields being 'recharged' somehow. Corsi doesn't argue that we shouldn't look at alternatives to oil for our energy needs, as there are obvious problems with burning too much oil, pollution concerns being the most obvious. Rather, he argues that we shouldn't be panicking because of fear-mongering related to "peak oil" theories.
If oil is, in fact a renewable abiotic resource, then much of the fear-mondering related to "peak oil" is nothing but yet another scam that is hurting our economy. Of course, since we don't fully understand the processes or time scales involved in abiotic oil generation, we will have to be careful not to extract more than the earth can produce and renew. We'll find a happy medium somewhere, between oil and alternative energy production that will allow things to continue longer than many people think. Cheap energy is a good thing IMO.
And cause the price of oil to stabilize once the "Dooms Day" fear could be eliminated.