Even if the abiotic theory of oil is correct, (far from demonstrated), that would not automatically mean that the abiotic creation rate is equal to or greater than the depletion rates of existing oil supplies. If abiotic generation is correct, but you only through the process create 10% as much oil as you consume annually, one still has a long term problem of depletion. It would be only slightly mitigated by abiotic generation.

Brian