Glad you posted this. About 10 percent of geologists lean towards this theory that the earth generates its own oil. Problem is the term fossil fuel was invented by the oil industry to imply finite source thus they can justify the high prices and shortages in the future. Add to this is the environmentalists who think continue usage of oil will destroy the world. Their push for green energy is based on impending theory that oil will run out. These two powerful groups will attempt to squash the abiotic theory for oil vs the biotic theory.
Do you have any sources (reputable) to support that statement.
I ask because I dont see any proof in the statement supported by the prices of oil.
Governments make far more money/profit from oil than the oil companies. Remember that most of the oil in the world is owned by nations not by oil companies.
You may have fallen in to the trap of hating the evil oil companies that has been set by the Left.
Governments have a lot more interest in keeping the price of oil high than do oil companies.
Make that about 99.9%, at least those who are in the business of finding it and not looking for grant money at a university.