Claims that the we’re running out of oil have long been used to promote the green agenda, but estimates of the amount of recoverable oil on Earth have been revised upward repeatedly over the past seven decades. In 1874, the state geologist of Pennsylvania, then the nation’s leading oil producer, warned that the U.S. had only four years of oil remaining. Forty years later, in 1914, when oil still hadn’t run out, the federal government said the U.S. had only a ten-year supply remaining. In 1940, the government announced that reserves would be depleted within a decade and a half. An article published on August 3, 1966, reported that “a geologist stuck a figurative dipstick into the United States’ oil supplies Tuesday and estimated that…
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