Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Of what?

Let's say I have this oil-field (or biofuel-field) with an EROI lower than 1. Still, I make a handsome profit, because I use low-value energy sources as input and get high-value liquid fuel as an output. My margins are so healthy that I consider expanding my business. But should I rather start considering "decline management"?

I think I'll wind down the business when it becomes unprofitable, instead.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed Jul 24th, 2013 at 06:56:21 AM EST
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