Earlier quoted context omitted.
To me (as someone who has worked on oil rigs, oil pipelines, oil refineries, and chemical plants), crude oil seems far more valuable as a material than as an energy source. It feels like a damned shame that we're still combusting so much of it for heat rather than reserving it for physical materials. I understand the ways that economics are very important, and that the economics still currently favor burning a large…
There is way more carbon in the ground as rocks than as oil. If you have plenty of energy, the difference is quite manageable. Besides, as somebody already pointed out, there is that CO2 on the air that we actually want to get rid of. It's nothing compared to the rocks, and a little harder to get, but getting it first would improve things a lot.
For this reason I have long been slightly baffled that development of compostable/biodegradable bio-based plastics is such a priority in materials research. Sure, it's interesting in the very long run, but for the foreseeable future, converting atmospheric CO2 (via plants as an initial step) into a long lived, inert material that can just be buried after an initial use seems like a benefit.