The USA controls 3 percent of the world's proven oil supply yet consumes 25 percent of the world's oil, thereby allowing foreign governments, corrupt political leaders and terrorists to have leverage on our economy. Under these conditions, oil industry conglomerates reap astronomical profits and cause economic instability.
But suppose the supply of oil was somehow regenerating itself and not in danger of being depleted after all.
Dr. Thomas Gold is a physicist at Cornell University. Some of his accomplishments include landmark research on the workings of the ear, developing the mathematics of the rules of cosmology, and overseeing the construction and operation of the world's largest radio telescope in Arecibo, Puerto Rico.
Dr. Gold is also a proponent of the "abiotic" theory of oil. Developed by the Russians in the 1950s, the "abiotic" theory states that oil is not derived from decayed plant and animal life, but is rather a bio-product of a continual biochemical reaction below the surface of the earth that is forced to attainable depths by the centrifugal forces of the earth's rotation. In other words, oil is continually being produced (created) deep within the planet.
The Deep Hot Biosphere: The Myth of Fossil Fuels is Dr. Gold's groundbreaking book, published in 1998, that promotes the idea that oil is not a fossil fuel and, contrary to popular belief, is a renewable resource.
While conventional scientific wisdom dictates that life is formed on the Earth's surface with the aid of the sun, Dr. Gold believes that most living entities reside deep within the Earth's crust at temperatures exceeding 100 degrees Celsius, living off of methane and other hydrocarbons.
Although highly regarded as a physicist, Dr. Gold has had a history as being a maverick. In the 1950s, the first radio astronomers discovered odd radio sources in the sky and thought they were unusual stars. Dr. Gold claimed they were actually distant galaxies. Years later, with new technology, Dr. Gold was proven to be correct.
In the 1960s, a different type of radio source was detected in the skies, flashing on and off with regularity. Dr. Gold wrote that these pulsars were neutron stars, the existence of which had been predicted but had never been seen. Although many of his colleagues scoffed at this explanation, once again Dr. Gold was proven to be correct.
Jerome R. Corsi (Ph.D. from Harvard) is the author of 18 books, including Atomic Iran and Unfit for Command. Craig R. Smith (chairman of the board of Swiss America Trading Company) is the author of 24 scholarly books. Corsi and Smith have co-authored Black Gold Stranglehold, which shares the notion that oil is continually created deep inside the planet and contends that the so-called scarcity is a marketing ploy to charge higher prices.
If Corsi, Smith and Dr. Gold are correct, this may be both a blessing and a curse. An endless supply of oil would probably mean an endless supply of air pollution from automobiles. This is bad news. Many people believe auto emissions trapped in the atmosphere create a global warming, resulting in changing global weather patterns.
But suppose global warming is cyclical in nature and/or caused by natural forces beyond human control.
Corsi and Smith argue that global warming is unrelated to the burning of hydrocarbon fuels. They point out that carbon dioxide is far less than 1 percent of the atmosphere; not abundant enough to make a difference.
The energy emitted from the sun varies in intensity, and studies have shown that fluctuations in activity on the sun have an effect on the temperature of Earth's atmosphere. According to Sallie Baliunas (Ph.D., Harvard Smithsonian Center for Astrophysics), the sun is presently the most active it's been in 400 years.
There has also been an increase in the number of underwater volcanoes in the Pacific Ocean over the last few decades. This generates warmer water temperatures and thereby contributes to global warming as well.
Life is full of contradictions. We may or may not ever run out of oil, and global warming (if it even exists) may or may not be caused by humans. In any event, it gives scientists a couple more quandaries to resolve.
Science is like beauty -- the truth is always in the eye of the beholder.
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Bret Burquest is an award-winning columnist and author of four novels, which are available at Amazon.com. He can be contacted at firstname.lastname@example.org.