Could the oil that lay on the earths surface actually have been vital to our planet?

we've removed it now, most of it, im no scientist but surely something like this could have absorbed much of the suns heat or something and now its gone, it might be bad for us, so its not just us burning it, its the fact that its actually gone now is damaging the earth?Could the oil that lay on the earths surface actually have been vital to our planet?
It's a resource that's being consumed far faster than it's being renewed. That's the main effect we know of, but it is receiving some attention.Could the oil that lay on the earths surface actually have been vital to our planet?
Nope - not damaging to the earth at all.





The crude oil is just large quantities of long dead biomass buried under the ground or under the sea.





The only danger in removing it would be any instability of the cavities left as a result of extraction. However, these days they back-fill the cavities to prevent future catastrophic collapse.





Mining the crude oil is like mining anything else -- salt, gold, coal, copper -- its presence or absence is not critical to any of the earth's natural processes, so there is nothing to worry about.





[Quite frankly, humans would be the only ones to suffer when it finally runs out.]
On the earths surface? Oil tends to be underground and under the sea, also the fact that it is black means that it absorbing the suns heat would add more heat to the earth, which currently would be a bad thing.