Oil is produced over millions of years from what I know. We're not producing it on Earth nearly as fast as we're using it. If we don't stop using it, it will run out, that's unavoidable.

The guy who made that site isn't even a scientist. He's a lawyer. Most of his points are backed up by nothing, and most of the points he does provide evidence for is backed up by links to fellow conspricacy-theory sites.

If you need any more proof of this guy's character, he claims also to run this site: http://www.sonsofjohnbrown.org/ He wants to abolish all prisons, let about 90% of prisoners just go free, and the other 10% (the amount of people he thinks are a real physical danger) should be nurtured by friendly community centers, not "ruthlessly punished" in prison. In other words, he's a quack.