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51 comments on Peak Oil Day - July 11

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BrianT on July 8, 2009 - 12:11pm Permalink | Subthread | Parent | Comments top

IMO the first part of the article isn't that far off, but the author fails to explain how inaccessible oil of non-biologic origin will be cheaply obtained. There will always be LOTS of expensive oil for processes and uses that can exist with EXPENSIVE oil-peak CHEAP oil is far in the past and the decline of CHEAP oil is the real issue. The entire global economy was built up with CHEAP FF as an energy source.

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dohboi on July 8, 2009 - 1:47pm Permalink | Subthread | Parent | Comments top

Nicely put. I think even when EROEI is below one there will be a market for oil, just as there is for other materials that don't supply net energy. It will just stop being a net energy source.

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darwinsdog on July 8, 2009 - 1:55pm Permalink | Subthread | Parent | Comments top

If you're using oil as a feedstock for polymer production, say, rather than as an energy source, then it has no ER and EROEI analysis doesn't apply.

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dohboi on July 8, 2009 - 2:35pm Permalink | Subthread | Parent | Comments top

Good point. But even if you are using it to power your hummer or war jet, it won't be extracted because it gets you net energy, but because it provides energy in a dense, liquid, easily transported form that suits certain functions, wasteful or not. Essentially it will be a handy carrier, rather than a source, of energy, like electricity.

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darwinsdog on July 8, 2009 - 2:46pm Permalink | Subthread | Parent | Comments top

Yeah, I agree. The military will undoubtedly want liquid petroleum based fuels regardless of how expensive they are.

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51 comments on Peak Oil Day - July 11

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