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The earth will likely yield no additional oil beyond what we can squeeze out of shale and sand.
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Some geologists believe oil is being produced every day, so the finite resources argument may not work for anything except frightening people into expensive energy that costs more environmental damage than oil does.
Science does not agree about global warming being man caused either, and it's very clear to me that it's being used like a new religion of fear to deprive us of growth.
My "religion" isn't based one what so called scientists say today, which is exactly the opposite of what they said 30 years ago.
Read "Willing Accomplices" by Kent Clizbe, he is a CIA analyst who argues that PC was invented around 1920-1921 in the Soviet Union specifically to destroy America, it includes preaching self loathing (Apologizing for American "arrogance", rewriting history so everything America did was destructive and no mention of all the good American industry and marketing did for the world.) rewriting our hero founders to make them seem evil, teaching socialism in schools and depressing the value of morals instruction. It all hit around 1980 and is in full flower now.
Now, back to Norinco, a true free market believer like me says that supply and demand are the
only legitimate arbitrators of who buys what, if we make garbage we deserve to lose market share, and it teaches us to do better so we
can compete. But we have to get government out of our way!