Seeking Alpha

aquaculture » Comments » DIG

  • Oil As Money and the Decline of Energy Earnings [View article]
    Also Dow does not reflect higher eroei of alternatives, eg if Vestas Wind Systems etc would be in Dow, chart would look a lot better.
    Apr 06 11:02 am |Rating: +1 0 |Link to Comment
  • Oil As Money and the Decline of Energy Earnings [View article]
    A few minor points.
    Oil has been the primary energy source, supporting the pyramid and will be untill the end of this technology cycle. Your 12:1 eroei for oil average cannot be correct. 12:1 is the average for all energy sources (eg. Windpower has 20:1)
    With all the water pumped up in S. Arabia eroei there is ~10:1.
    Average oil eroei now about 3:1. Tar sands about 1:1. or even less.
    Now these are all using a standardized metric.
    By your definition we have to include eg. protecting the shipping lanes and war effort in oil eroei equation. Then oil eroi has been negative over your charts history. Hence the decline.

    Cook's scheme would be a very sophisticated form of bartertrade.
    Apr 06 10:56 am |Rating: +1 0 |Link to Comment
More on DIG by aquaculture
Comments by Ticker
aquaculture's
Comments Stats
238 comments
Rating: 1 (100 - 99 )