During the First Gulf War, the uncontrolled oil fires in Kuwait were burning at a rate equivalent to 30% of all US consumption. Nothing remotely resembling a climate apocalypse occurred; major volcanic eruptions have far greater effects. Empirically, it seems highly improbable that repeating that experiment on modestly larger scale will unleash a global apocalypse. It isn't a convincing argument based on the evidence.
The above-ground petroleum storage facilities only hold days worth of oil that we are going to burn anyway.