Perhaps more importantly in the short term, abiotic creation of hydrocarbons may mean that there is much still to be found.
Of course, it just depends on how far you dig. In that case however, the most efficient route is geothermal energy. Drill a hole 10 or 20 miles deep, pour water in and have an almost inexhustible supply of steam power.
Perhaps more importantly in the short term, abiotic creation of hydrocarbons may mean that there is much still to be found.
The key hint of this non-dinosuar/non-biologicl decay process to me has long been the depths at which ever more oil is found: Even the Grand Canyon is sterile at only 5000 feet depth. Diamond mines are sterile at that depths ... But we are to image that at 10,000 feet and 15,000 feet down (in different types of rock of course) at many locations around the world that biological residues are being compressed?