Exploring Hydrocarbon Depletion
The price of gas is 5.67 dollar per gallon in Germany this month , it's quite low by historical standard
Germany has one of the best automotive industry.
The filing Wednesday in Delaware bankruptcy court listed $3.12 billion in debt and $2.85 billion in assets.
Wilson, who became a legend in the U.S. shale industry after selling Petrohawk Energy Corp. for $15.1 billion in 2011, bought up acreage in North Dakota, Texas, Mississippi and Pennsylvania, only to see several prospects fail to pan out and oil prices collapse. Halcon’s debt ballooned to $2.9 billion.
onlooker wrote: so we can somehow keep the sense of normalcy going even as the EROIE is becoming worse and worse.
radon1 wrote:onlooker wrote: so we can somehow keep the sense of normalcy going even as the EROIE is becoming worse and worse.
EROEI is not becoming worse and worse. I'll tell you a little secret - EROEI is almost constant and equals to 1. It may fluctuate a bit around 1 due to changes in industrial stocks, but it gravitates towards 1 all the time.
radon1 wrote:Therefore if a "crash" happens, it will have nothing to do with EROEI approaching 1, because EROEI is already at 1, and has been there all the time, more or less.
pstarr wrote:'fluctuates a bit around 1' In what manner? How much?
EROEI is currently 'more or less' huh? Which is it right now? More? Or less? You seem to know radon? Please share the metric by which you have arrived at more. Or less. A method? Or should I say methodology lol
These are all irrelevant for our purposes. See "radon's paradox" I posted earlier.I suspect that you don't even know the difference between efficiency measures of energy-storage conversion/delivery systems (such as refineries that convert crude to diesel, or transmission lines that carry electricity) and measures of primary energy production/extraction. (the gathering/mining of the coal, crude, or uranium).
You apparently are in a bubble guy. Sorry, but one needs to step outside ones industrial nest to understand how the nest materials are gathered. It requires a lot of flapping around and sweating.
onlooker wrote:why do you cite an obviously biased source about Americans driving and taking trips.
onlooker wrote:How does that translate to a vibrant economy?
onlooker wrote:I notice you do not post about how many Americans are the govt. dole or how many work in low paying, soul draining jobs etc.
Lets try some metaphors, a simile of sorts.radon1 wrote:Oil produced during a period divided by oil consumed during this period. Nothing to build a website around
pstarr wrote:radon1, you defintion of EROEI:
You run an oil rig. Your diesel engine is powered by the crude you extract from the ground. All that drilling requires 1 barrel crude/day. You produce a 1 barrel per day. Guess what?
onlooker wrote:You seem to misrepresent my and most other doomers position on doom. We are not saying doom is now or at some specific future date but that humanity has set itself up optimally for very dire outcomes. It is a process and that process flows from increasing pressures due to our actions and inaction as well as unintended and unforeseen vicissitudes that occur . I for one have never given any date for anything
pstarr wrote:When that transport fuel disappears for folks, regions, entire economies than the TS does HTF
radon1 wrote:You run an oil rig. Your diesel engine is powered by the crude you extract from the ground. All that drilling requires 1 barrel crude/day. You produce a 1 barrel per day. Guess what?
You won't be producing this oil, unless you are doing this for self-entertainment. So what? What are you trying to say?
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