” . . . At the end of World War II, U.S. intelligence agents confiscated thousands of Nazi documents on what was known as the “Fischer-Tropsch Process” – a series of equations developed by German chemists unlocking the secrets of how oil is formed. When the Nazis took power, Germany had resolved to develop enough synthetic oil to wage war successfully, even without abundant national oil reserves. For decades, these confiscated German documents remained largely ignored in a United States where petro-geologists and petro-chemists were convinced that oil was a “fossil fuel” created by ancient decaying biological debris. . . .”
http://www.wnd.com/2012/04/jerome-corsi-on-coast-to-coast/print/
http://en.wikipedia.org/wiki/Fischer%E2%80%93Tropsch_process
http://www.fischer-tropsch.org/
Yes, you can make synthetic oil.
No, we're not drilling for it.