100 Trillion Dollars

[13Gigatons]

Apparently the oil tycoons believe that there is 100 trillion dollars worth of OIL still in the ground. I guess we have a long way to go before we get electric cars.

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Sorry, but you included no reference to a source for your statement or anything that establishes an amount of oil in barrels, or the cost or extracting it or the location of this oil, other than "in the ground." This is not a good basis for a discussion.

You are welcome to post this again if you have more specific information.

Thanks for understanding.

AnandTech Moderator

 

[The Green Bean]

With that we may not have enough of an Earth to drive on.

 

[shira]

Originally posted by: 13Gigatons
Apparently the oil tycoons believe that there is 100 trillion dollars worth of OIL still in the ground. I guess we have a long way to go before we get electric cars.

I don't see how the premise leads to the conclusion: Is that $100 trillion at $100 a barrel, $1000 a barrel, or some even more extreme price? Do you think gasoline-powered cars would be a viable means of transportation if fuel were $20 a gallon?