Thomas Gold, a respected astronomer and professor emeritus at Cornell University in Ithaca, NY, has held for years that oil is actually a renewable, primordial syrup continually manufactured by the Earth under ultrahot conditions and tremendous pressures. As this substance migrates toward the surface, it is attacked by bacteria, making it appear to have an organic origin dating back to the dinosaurs, he says.
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Well, we consume 4.3 billion metric tons a year. That's a lot of rotting dinosaurs. .. also, look up white hydrogen: consensus is that is indeed created in the Earth's crust, so why not oil