Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: December 2013
The Real Oil Extraction Limit, and How It Affects the Downslope
There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems to be increasing right now, so people can’t imagine that … Continue reading
Posted in Financial Implications
Tagged collapse, economic models, Former Soviet Union, North Korea, oil investment, oil prices, Ukraine
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Diminishing Returns, Energy Return on Energy Invested, and Collapse
What do diminishing returns, energy return on energy invested (EROI or EROEI), and collapse have to do with each other? Let me start by explaining the connection between Diminishing Returns and Collapse. Diminishing Returns and Collapse We know that historically, … Continue reading
