According to Bruce Bartlett, the 18th century “dead dinosaur” theory of the origin of oil may be wrong. According to the abiotic theory, used for the last 50 years to successfully find oil reserves, petroleum has an inorganic origin far below the earth’s crust. This would mean that the amount of oil reserves could be far larger that conventional wisdom suggests. If you factor in the potential of technology and economic incentives, the oil supply becomes virtually unlimited.
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