“... – What then do you say about the new hypothesis recently expressed by a group of young scientists? – Oleg did not give up. “They believe that oil and gas formation is not so much a geological process as a climatic one, and it is closely related to the modern geochemical cycle of water and carbon. Allegedly, oil owes its appearance to the transfer of mobile carbon by waters infiltrating under the earth's surface during the regional climate cycle. Carbon supplied with water in the form of bicarbonate under the conditions of the earth’s crust is reduced to hydrocarbons, which form accumulations of oil and gas in geological trap structures... “Nonsense,” concluded Semenov. – Cretinism in the last stage! – That’s what you think. But a group of young scientists believes that ninety percent of all oil and gas fields owe their appearance to precisely this mechanism. ..."