I believe there's another lie in place for a hundred years to gin up the price of product by claiming it's limited that has scientific studies that may show that petroleum is a product of the mantle within the earth and never runs out. It peculates up from the liquid mantle. Drilling down eight to ten miles into pure rock and miles below sea level makes no sense that organic plant life or microscopic animals lived to die and leave fossils. Or that they have been finding oil all this time 10's of miles below bedrock. The oil companies have claimed they reached the peak in the 30's and 70's as well. Many oil wells in Texas and elsewhere are capped. If they are dry, why the pressure caps that are installed, and not normal seals.