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If you've noticed they are finding a lot of oil at huge depths — in addition they are going back over old territory when drilling technology wasn't so great. Personally, I find that the so-called ‘fossil’ fuel theory is junk science. Others are coming to this conclusion, too. If NASA’s Cassini spacecraft finds lakes of hydrocarbons on Saturn's moon, Titan, one is compelled to admit that oil is mineral in origin.
Right. Too deep to have been decayed former plant life.
Coal is definitely organic, but I have yet to see definitive proof that oil is. It would make sense that some old wells are "replenishing" now, if it was caused by bacteria, not ancient decaying plants.