Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: alloysteel

In the modern era people have been pumping oil out of the ground since around 1860.

That is well over 150 years.

Today and in recent years the world consumption of oil has been approximately 90 million barrels of crude oil a day.

That’s 32,850,000,000 (32.85 BILLION) barrels per year.

(an industry standard barrel contains approximately 45 gallons of crude oil)

About 45 percent of a typical barrel of crude oil is refined into gasoline.
An additional 29 percent is refined to diesel fuel.
The remaining oil is used to make plastics and other products

Will the lithium and rare earth mineral mines produce sufficient material to make enough vehicle batteries
to replace 74% of the energy produced by the oil pumped every day?

Will those mines still be producing 150 yeas from now?

PS - Think of this:

The Greenies are always carrying on about “renewable energy”,

But none of the lithium or rare earth minerals rquired for modern EV batteries is renewable.
And my bet is that those mineral mines will run dry a long time befor the oild wells dry up.

Saudi Arabia alone has been pumping oil for 85 years and is still producing 4.5 BILLION barrels a year with proven reserves of more than 220 years at that rate.


42 posted on 09/23/2023 2:12:20 PM PDT by Iron Munro (Sun Tzu: An evil man will burn his own nation to the ground to rule over the ashes)
[ Post Reply | Private Reply | To 21 | View Replies ]


To: Iron Munro
Your post #42 tells me that, most likely, OIL is here to STAY... Lithium and EVs are MOMENTARY!


50 posted on 09/24/2023 3:12:16 AM PDT by VideoDoctor
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson