Lindsey WIlliams wrote THE OIL NON-CRISIS
The Russians have become a leading source of crude oil in our modern day. They went down 40320 feet deep and found massive amounts of crude oil.... but at a depth where there could never have been any decayed matter that could cause this oil formation.... thus proving that crude oil is not a fossil fuel and is created by some chemical process down in the heart of the earth that they are not yet sure they understand, but it is replenishing itself. They also found that these massive amounts of crude oil are also seeping up to much shallower depths such as Crude Oil Bay. This was given a life expectancy of only 20 years but is already going on 35 years in oil production.
BP is the largest Oil Co and wanted to do the same thing that the Russians had done. The depths that the Russians went to had never been drilled before. However, this they did upon land. BP tried to do the same out at sea. They drilled down about 30 000 feet and hit a well at such pressure that they did not have the technology to contain it. It blew all of the safety valves.
What this proves is there is no such thing as a peak oil crisis looming.
Well worth watching.......
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