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Saudi Arabia alone exported almost $100 billion in crude petroleum in 2020 [1]. That was significantly less than the previous year. Given these scales I'm not
by dguest 4y ago
Saudi Arabia alone exported almost $100 billion in crude petroleum in 2020 [1]. That was significantly less than the previous year.
Given these scales I'm not really sure $50 billion is a lot of money for the entire world to spend on an energy R&D project. In fact, that number seems surprisingly low, do you have a source for it?
[1]: https://oec.world/en/profile/hs/crude-petroleum https://oec.world/en/profile/hs/crude-petroleum