/biz/ - Business & Finance

Oil originating from fossils is actually just a theory and has never been scientifically proven.

https://www.livescience.com/9404-mysterious-origin-supply-oil.html

>The idea that petroleum is formed from dead organic matter is known as the "biogenic theory" of petroleum formation and was first proposed by a Russian scientist almost 250 years ago.
>In the 1950's, however, a few Russian scientists began questioning this traditional view and proposed instead that petroleum could form naturally deep inside the Earth.
>If abiogenic petroleum sources are indeed found to be abundant, it would mean Earth contains vast reserves of untapped petroleum and, since other rocky objects formed from the same raw material as Earth, that crude oil might exist on other planets or moons in the solar system, scientists say.

OP is probably just a scam "green" energy shill who wants to sell us overpriced solar power, while the oil companies create artificial scarcity to charge us more for their oil. It's mutually beneficial.

>"I'm gonna buy a duplex and live in one while the renter pays all of my mortgage!"

Why do so many people think this is a good idea?

>>2917971
$50 a barrel of oil dumbass. And it's summer, which means it's easily hitting $30 by November.