Stupid because....we have an opportunity for natural gas via fracking and the damn politicians say....no way. They're just plain stupid....and it's all about money payoffs.
Oil is created deep within the Earth and works it’s way to the surface.
The Earth is benefited by us taking out the oil.
The Earth creates more oil than we use.
Just like water. No matter how much we drink, there will always be more water on the Earth than we can use.