Is oil a renewable resource?

I suspect that most people think the Earth is running out of oil or that the U.S. and the rest of the world are “addicted” to its use.

Both beliefs are wrong, but in different ways. First because the Earth produces oil in abundance deep within its mantel in ways that have nothing to do with dead dinosaurs and gives no indication of ever stopping this natural process and, second, because the use of oil for fuel and for thousands of other applications, not the least of which is plastics, is one of the great blessings of modern technology and life.

All this is made dazzlingly clear in Dr. Jerome R. Corsi’s new book, The Great Oil Conspiracy ($22.95, Skyhorse Publishing). By way of explaining why there is so much oil within the planet Dr. Corsi tells the story of the Nazi regimes development of synthetic oil after German scientists “cracked the code God built into the heart of chemistry to form hydrocarbons in the first place.” Known as the “Fischer-Tropsch” process, it permitted the Nazis to pursue war even though Germany had no oil fields of its own.

The widespread use of the term “fossil fuels” is a deception created by anti-energy propagandists and earlier theorists to make people believe that oil is the result of countless dead dinosaurs and decaying vegetation. Oil, however, is “abiotic”, a term that means it is a natural product of the earth itself “manufactured at deep levels where there never were any plants or animals.”

Corsi writes of Thomas Gold, a professor of astronomy who taught at Cornell University. In 1998 he published a controversial book entitled The Deep Hot Biosphere: The Myth of Fossil Fuels, in which he applied his knowledge of the solar system, noting that carbon is the fourth more abundant element in the universe, right after hydrogen, helium, and oxygen. Gold pointed out that “carbon is found mostly in compounds with hydrogen—hydrocarbons—which, at different temperatures and pressures, may be gaseous, liquid, or solid.”

Gold, who passed away in 2004, was way ahead of most other scientists with his assertion that the earth produces oil at very deep levels. While telling the story of how the U.S. went to great lengths to acquire the data regarding synthetic oil production as our military overran Germany and then took care not to let the public know about. It was, after all, our own oil industry that had provided the fuel that aided the war effort in both theatres.

Correspondingly, the oil industry had no reason to develop “relatively expensive synthetic oil when billions of dollars in profits could be made annually bringing to market naturally produced and reasonably priced hydrocarbon fuels, including crude oil and natural gas.”

This mirrors the efforts of “renewable” energy producers, wind, solar, and biofuels like ethanol, to profit at the cost of billions of dollars in subsidies and loan guarantees paid for by taxpayers along with higher electricity and gasoline bills paid for by consumers; all of which are mandated by the federal government. It is pure crony capitalism to enrich a few at the expense of all the rest of us. None of these alternative forms of power could exist or even compete without such government mandated support.

As Dr. Corsi points out, “Eliminating the fear that the world is running out of oil eliminates an urgency to experiment with or to implement alternative fuels including biofuels, wind energy, and solar energy as long as these energies remain less energy-efficient, less reliable, and more costly than using oil and natural gas.”

There are, in fact, “more proven petroleum reserves than ever before, despite the increasing rate at which we are consuming petroleum products worldwide” says Dr. Corsi, noting that the Energy Information Administration of the U.S. Department of Energy, in on record that “there are more proven crude oil reserves worldwide than ever in recorded history, despite the fact that worldwide consumption of crude oil has doubled since the 1970s.”

So tell me why, since the Obama administration took over, have gas prices per gallon risen from $1.84 to $3.80 now, a rise of 105%? The American Energy Alliance compared costs between 2009 and 2012, publishing them to reveal that we are all paying more for energy. The average monthly residential electricity bill has increased 6% and annual household energy expenses have increased 31%.

At the same time, the Obama Department of Energy increased new rules whose implementation cost more than $100 million each 141%! The Environmental Protection Agency increase of such regulations increased 40%, the Department of the Interior, 13%.

Total regulatory costs (all sectors) went from $1,172 trillion in 2009 to $1,752 trillion today! If you were trying to bankrupt the energy sector and its consumers, this is a great way to do it.

You can access the AEA chart at

The Obama administration came into office declaring a war on coal, further restricting oil and natural gas exploration on federal lands and offshore, and wasting billions on solar, wind, and biofuel companies. That in itself would be reason enough to turn them out of office.

The Earth is not running out of oil and likely never will.


About the Author: Alan Caruba

Alan Caruba

Alan Caruba, a CFACT adjunct policy analyst, writes a daily blog at

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  • Frustrated by American Idiocy

    Are you serious? This is the most idiotic and unsupported article I have read in a while. The U.S. is bringing the whole world down due to a multitude of idiots like you who deny the evidence of climate change just so that you can continue to enjoy your individualistic life of over-consumption and excesses. Enjoy driving the world to disaster!

    • GBWO

      Better get your cave ready.

    • hornerinf .

      Climate change is a huge scam. Yes there is climate change, but we have nothing to do with it. This scam was tried by the ancient Egyptians 4700 years ago! They got people to worship the Pharaohs as living Gods. Nice scam eh?

    • K. E.
    • Gabria

      Climate change and over-consumtion of energy is one thing — and you may be right. The deception artificially created by the oil majors in the 70’s to fraudulently increase the oil price is something else. And this is where the author might be right. And is he is, that would be the most outrageous manipulation of economic data in mankind history. This is why any study which may help finding the truth is welcome.

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  • Sandanista

    Checks out with me

  • J.P. Katigbak

    I hope people would realise that if the ideological and philosophical doctrine of environmentalism goes on without challenge, ideologues will proceed with brainwashing hapless people with misanthropic viewpoints about the environment, social policy, economy, culture, etc.

    It is wise for people like me to read or listen to what Alan Caruba said last year about political correctness, especially environmentalism, that pervades public discussion around the globe. I hope he said it right on issues affecting the energy and transport sectors the world over. – J.P.K.

    • J.P. Katigbak

      Remember: political correctness remains a curse on various cultures and customs of societies and economies around the world.

      And always be warned that the ideological and philosophical doctrine of environmentalism is nothing but an excuse to impose a different sort of communist/socialist doctrine that may take over the world in various forms.

      Be warned of the political correctness – and do not give up in challenging such a dubiously ideological and philosophical doctrine. – J.P.K.

  • R

    Oil is produced in unlimited quantities in the earth’s
    mantle and seeps up to the surface through cracks in the crust, mostly from old
    meteor impacts. This is brown oil and as
    it moves upward it cools and bacteria grows in it turning it black. Black oil is old oil and I suspect that coal
    is also actually older oil that was worked on by bacteria for millions of
    years. Carbon is the essence of life on
    this planet and people do not understand its role and the role of life itself
    in controlling the environment of the planet.

    • MarcDaniel Erasmo

      Yeah just like Venus right?

  • Observer

    And a republican spoke ….

  • John

    So… according to the author the earth magically creates oil and the principles of supply and demand are the mere result of a giant conspiracy. I guess we simply need to ask unicorns and leprechauns for a little help and all the world’s problems will be solved!

    • GBWO

      You may think it is magic but it is a natural occurrence. The oil companies have been drilling past the fossil layers since the 50s, I suppose the leprechauns have been pretty busy, huh.

    • K. E.

      You still have to drill for oil. It is not available everywhere you drill. It has to be located in a place where the oil can make its way through to the surface, which takes specialized knowledge (in other words, MONEY). Also, we do not have the ability to drill to super-deep depths…and/or it would be incredibly expensive to do so. Therefore, money is spent on finding the best places to drill and on the equipment needed to get to the oil. Not cheap.

      If you look at recent history, you can find incidences of oil refilling once empty wells. I have a family friend who made a career in the oil industry as a geologist. He told me that North Dakota capped off oil wells decades ago that were no longer producing. Then, when they were checked in recent years (most likely in order to use newer more efficient techniques) the wells were refilled. How would that be possible unless the earth is constantly renewing the supply?

  • OhOhSayCanYouSee

    Mr. Caruba…. since you took the time to state that Oil is a Renewable Resource not dependent on ‘dead dinosaurs’ in any way, perhaps you might also take the time to give a scientific explanation detailing how oil is produced deep within the earths mantel and will be available forever. (just asking)

  • GBWO

    Great article and I am sure drives the econazis nuts. Been reading about the fallacy of oil being a fossil fuel for many years. eventually this truth will win out.

  • gftrdyfu


  • LectricLarry

    Of Course it is President Obama’s fault! What else could it possibly be…
    (Oops… Oil just hit… $38/barrel!… Shame on you, Shame!)