$1.$ Find out if the statement is true or false: Petroleum formation occurs exclusively in deep ocean environments and requires millions of years of high pressure, microbial action, and extreme temperatures to convert biological material primarily from zooplankton and algae into crude oil.

$2.$ Find out if the statement is true or false: The majority of the world's petroleum reserves are located in the Middle East, Russia, and North America, which together account for more than half of the global oil production, with Saudi Arabia being the single largest producer.