I look at the relatively brief period of recorded human history, and count the number of stable societies and their respective lifespans, and I look at the geological record and see extinctions and catastrophic earth changes, and I conclude one thing:
We're overdue for a >50% planetary population reduction via at least a dozen possible causes. And this abiotic oil release wasn't even on my list.
I'm a catastrophist and I can't disagree with you. I wonder what the reaction would be if something like this were to happen tomorrow?
Evidence Of Tunguska-Type Impacts Over The Pacific Basin Around The Year 1178 AD
FYI...I’m keeping my eye on Katla.