“It is a natural by-product from the Earth. It is not the result of dinosaur carcasses.”
Most people still don’t realize this. They still think it tales millions of years to produce oil and takes ancient stores of carbon from dinosaurs and buried trees. However, it now seems that oil is created much more quickly, and even oil fields once thought drained and spent are seen to be refilling with oil.
Much much slower than pumping it out.