by marko » Mon 19 Sep 2005, 21:37:03
Texas once had lots of oil underground. It is now mostly gone. Maybe the ground surface over the oil fields is now a few inches lower, but obviously there were no terrible consequences in Texas.
My understanding is that the oil is mostly located in sandy deposits, where it oozes between the grains of sand. What happens, I think, is that oil wells suck the oil out, leaving a sticky mix of sand and tar. So pumping the oil does not leave a big empty cave underground.
The oil in circulation at any given time is a tiny, tiny, fraction of the Earth's mass. It basically moves around the Earth's surface for a short time, gets burned and emitted to the atmosphere, where it floats around for years or decades, polluting and warming the atmosphere, before eventually being absorbed by plant matter and returned to the soil (or seabed) when the plant matter decays.
So no big deal as far as the planetary mass is concerned.