While we believe that oil comes from dead dinosaurs, Russians believe oil is formed by geologic processes deep below the Earth's crust.
Today, Russians laugh at our peak oil theories as they explore, and find, the bounty in the bowels of the Earth. Russia's reserves have been climbing steadily according to BP's annual survey, they stood at 45 billion barrels in 2001, 69 billion barrels in 2004, and 80 billion barrels of late, making Russia an oil superpower that this year produced more oil than Saudi Arabia.
