<Financial Forecast for 2009, Considering Resource Limitations The Oil Drum DrumBeat: January 7, 2009>

50 comments on Natural Gas and Credit Situation - Nate Hagens Interview on Global Public Media

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Nate Hagens on January 7, 2009 - 10:21am Permalink | Subthread | Parent | Comments top

that was my point. Energy gain is the driver of social democracy. Once we reach low EROI on NEW oil and gas, rising prices will divert resources away from non-energy sectors - the 'cushion' in the society will be gone - and the high prices necessary to 'drill baby drill' won't be paid by anyone (except perhaps governments, which is I suspect the path we will go)..(but it will still be money paying for energy instead of vice versa)

My main point is necessary prices to attain IEA/EIA production levels will never be affordable in a declining aggregate EROI environment. If we are flush with terawatts of wind/wave and solar energy gain, then it perhaps can be so.

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710 on January 7, 2009 - 1:36pm Permalink | Subthread | Parent | Comments top

"Energy gain is the driver of social democracy." Excellent, yes, but in order to gain energy, two things must increase: flow rate, and infrastructure to handle the flow rate. The energy grows and the physical infrastructure grows.

There is a parallel to the increase in energy and resource flows involved as a child reaches adolescence or adulthood, and is no longer a recipient of authoritarian parental rule, but may now make rules her/himself.

But the energy and resource flow levels are relative to surrounding infrastructure needs as well. Think "Lord Of The Flies".

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50 comments on Natural Gas and Credit Situation - Nate Hagens Interview on Global Public Media

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