Earlier quoted context omitted.
I agree. It also reduces the world's dependence on unstable regions. However, some things that are regarded as renewable (e.g. wood burning, such as the notorious Drax power station in the UK) are more polluting than fossil fuels. Personally I doubt they are even effective at CO₂ reduction. What we need is clean energy.
> It also reduces the world's dependence on unstable regions. Do you think the world might have made these regions unstable because they have the oil?
Have people meddled since? Of course. Such is how power works. But you'd have to go back to Roman times to find a period of stability in the middle east, and the factors that led to that have nothing to do with Oil.