Damn Tree huggers and oil prices

I had read an article a couple of years ago in Mopar Collectors Guide. It stated that Oil could be a renewable resource. There are studies that may indicate that oil is a byproduct from the earths crust. It cited a previous oil field in the Gulf, along with Saudi oil fields that new discoveries had been found. This new found oil wasn't as old as the previous that was there. In fact, it came after the dinosaur age. Quite interesting, & now here comes these facts as well.
I have always been told that we do have plenty of resources, but don't have the capacity to refine it.
Now think about this. What would this do to the PROFITS of big oil, if all of sudden it is found that oil is a renewable resource? We have been told over & over again that we are running out. With this in mind, why are we not aggressive toward finding alternate fuel sources.
It also seems that the reason that we can't pursue this, is because there is always a small minority group (tree huggers) holding us back. I don't believe it. I think big Oil likes these groups, it helps keep the profits up. It plays well into their hands.
Have you ever noticed the USA, with the help of big buisness, can go to war with any country in the world, buy we can't defeat a small minority group of fanatics on our own soil.
I for one would like to be non-dependant on other countries for our resources, it seems to be the right thing to do.
America needs to become an exported instead of an imported.