Filed under: Uncategorized | Tags: Brent, Chris Cook, cornucopianism, EROI, market manipulation, Naked Capitalism, peak oil, refineries, WTI
…has little to do with geology, EROI and all that, and everything to do with manipulation by market players. An interesting take, although I don’t get on board with any analyst that completely ignores an entire wing of the mental hospital of energy ideas.
http://www.nakedcapitalism.com/2012/02/chris-cook-the-oil-end-game.html
…appears to be about 8.
David Murphy, The Energy Return on Investment Threshold. The Oil Drum, Nov. 25, 2011.
First sentence of the abstract of an article by Gagnon, Hall, Brinker, 1999. Raises spectre of badly declining EROI.
Article added to ENERGY AND TRANSPORT PAGE.
Just a quick reminder … if your barrels require more and more energy to produce, you will need more and more barrels to maintain the same level of net energy.
Industrialized Cyclist Notepad 