Hmm...i was always under the impression that the earth slowly continues to create this crude...i\'ll have to research that...not saying you\'re wrong, but it\'s a little scary if that is indeed true.
It took millions of years to create crude. Earth does create crude oil. But it does not create it fast enough to reach the rate of consumption.
Here is what could happen and this may affect also the food supply. Oil supply is expected to be reduced, and on top of that its prices are deliberately inflated by the market (above the supply demand intersection). There is also a simultaneous effort to reduce environmental destruction which worries the global community extremely thus there are efforts to find an alternative source of energy. This is related to energy consumption and food supply.
Today we are told that the food supply gets harder to satisfy the needs of humanity and a food crisis is expected.
Then there is the introduction of bio diesel. Bio diesel is a superb opportunity for profits if this becomes the energy source of tomorrow. But when I asked a research company about it I was told that a vast size of land is needed.
Taking into consideration our need for alternative source of energy and for increased supply of food, opportunistic behavior from the agriculture sector may shift many farmers from food production towards the production of bio diesel. Which if happens will increase the food crisis. Assuming that bio diesel does become the choice of energy for the future ofcourse
These are indeed fears expressed for this possibility and it is believed that this will also be partially provoked deliberately since huge food corporations that create food patents through bioengineering can get large profits from bioengineerly mutated food that is easier and less costy to produce in large quantities.