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Actually Dog Gone is dead on. Many fields that took hundreds of millions of years to form are now depleted, this is fact. Not all of the fields are depleted, as is obvious by the fact that we are still making gasoline, but some have definitely being depleted.

Given another hundred million years, those fields may regenerate, but so what.

Actually Dog Gone is dead on. Many fields that took hundreds of millions of years to form are now depleted, this is fact. Not all of the fields are depleted, as is obvious by the fact that we are still making gasoline, but some have definitely being depleted.

Given another hundred million years, those fields may regenerate, but so what.

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You are missing the overall point of Golds theory, by concentrating on petroleum regeneation.

His point is that we will NEVER run out of methane/hydocarbons. We may have to drill very deep, but it is down there.

You might also think about how important it is for the oil industry to belittle this theory.

Given another hundred million years, those fields may regenerate, but so what.

It is actually unclear how long it takes to generate oil from a carbon source. Of interest to a great many are some recent anomalous finds in the State of Nevada. While most people don't consider Nevada to be an oil producer, the most prolific well in CONUS is one discovered in eastern Nevada in the early '80s, producing 20 million barrels so far.

What is interesting about some of the Great Basin region petroleum finds is that some of them are found in locations that are completely inexplicable, and most have been found by people drilling for other things. What makes them interesting is the extremely young age of some of the petroleum formations, which are young enough that they basically shouldn't exist. The theory du jour is that extremely active geothermal systems in conjunction with a rich geochemistry are somehow manufacturing oil naturally at an unprecedented rate. In any case, it is interesting and there are a lot of good mysteries surrounding the nature of petroleum fields. Nobody really knows how fast petroleum is produced or how much there is.