IS User wrote:
That's _make_, not pump and refine.

Eventually you will see more of this type of processing waste
into energy. But you must realize that it would take a massive
contruction effort to build enough of these plants to make even
a small dent in the total oil needs of the United States.

There are infastructure issues to be dealt with as well such as
the collection and transportation of all of this waste to get
to these facilities. Thinking that "making" oil iright around
the corner and so there is no further need to explore and produce
additional oil reserves for the country's needs is pure ignorance.