[Pontiac]

Even if it were true, it’s not being created fast enough to satisfy our appetite for oil.

If we do not know the process by which oil is produced we can not know the rate at which it is produced.

There are also huge areas of the planet where there has been no exploration for oil so saying that oil is a dwindling resource is totally irresponsible.

For all anyone knows if you drill deep enough you may find oil everywhere on the planet.

[Brilliant]

If it’s not coming to the surface fast enough, then my original point remains valid... It’s not being produced fast enough. Drilling deeper is not without cost. These deep drilled wells cost hundreds of millions of dollars.

Personally, I am in favor of drilling deeper, but the idea that oil is just bubbling up all around us fast enough to feed our needs is contradicted by reality. If that were true, then we would not be talking about this problem.

[BfloGuy]

If we do not know the process by which oil is produced we can not know the rate at which it is produced.

I don't disagree at all. I just don't know enough about the topic to argue about it. I hope the theory is true, though.