Nobody has found those, despite 50+ years of trying. This isn't some new theory. People were touting it back during the oil crisis in the 70's. Sans proof of a commercially viable field, I don't believe it.
Technology such as slant drilling and fracking developed since the 70's has helped America to increase flow after the US peaked. And no, it is not the immediate crisis they say it is if we use the remaining fuel wisely. But if you think there is no concern at all...that is where you and I part ways.
Let me be more specific:
"economically meaningful" abiogenic oil deposits.
Nobody has found those, despite 50+ years of trying. This isn't some new theory. People were touting it back during the oil crisis in the 70's. Sans proof of a commercially viable field, I don't believe it.
Technology such as slant drilling and fracking developed since the 70's has helped America to increase flow after the US peaked. And no, it is not the immediate crisis they say it is if we use the remaining fuel wisely. But if you think there is no concern at all...that is where you and I part ways.