[John H K]

There HAS to be hundreds of billions of barrels, considering that Antarctica used to be tropical/sub-tropical and covered with forests.

Coal comes from buried land forests (and there's a LOT of coal on Antarctica.

Oil comes from layers of tiny dead marine algae in a water environment, not land plants (or animals, for that matter, despite all the nonsense you see about oil being "made out of dinosaurs."

[hford02]

If your algae decay forming oil hypothesis is correct then are there pre-oil formations covering vast areas of the globe? Where are they?