Re:Norway Is Walking Away from Billions of Barrels of Oil
by coldtea on Monday April 08, 2019 @11:18AM
(#19605957)
>Once EROEI dips below 1, price is negative. It becomes impossible to extract the oil profitably.
Actually even 1 or 2 wouldn't make much sense. It was close to what people had in medieval times without oil (1.5 energy or something close, from animals, mills, fire, etc).
Actually even 1 or 2 wouldn't make much sense. It was close to what people had in medieval times without oil (1.5 energy or something close, from animals, mills, fire, etc).