answer:Yes I believe the reports. Oil takes millions of years to make, and mere months to mine. This is my honest, yet cynical point of view on the matter… Oil is running out, and we already have alternatives, solar, wind, kinnetic, nuclear, hydrogen, etc. I think we have the technology to adapt over night if we needed to, but we wont, because too many fat cats have too much money invested in oil, and until they have drilled every last drop, they wont move in to other technologies. Oil companies have billions and billions and billions of dollars, when the time is right, and it suits them, they will buy out several patents, research several new things, and roll out their new line of shit for the masses.