How Is Crude Oil Formed In the Earth and How Is Petroleum Still Being Created In the Earth Today? | Big Site of Amazing FactsThe processes of oil formation are no different from what happened a million or a hundred million years ago, and the clock is still moving with geological slowness.
In order to make all the supply we have found it would take about twenty-seven million years.
27 million years to make what we have now. Most estimates say oil will run out in 150 years or so. We will have a long wait at the gas stations then. In human terms there is no way we can wait for more oil to be made.