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We'll never run out of oil. We'll stop because it takes too much energy to get it out. That's EROI, energy return on investment. Sources: Hall & Day, American Scientist (2009) Delannoy et al., Applied Energy 304 (2021) Hall, Lambert & Balogh, Energy Policy 64 (2014) Court & Fizaine, IFPEN (2017) American Oil & Gas Historical Society, offshore oil history National Academies of Sciences, offshore production history Takeda, Keeley & Managi, Journal of Fusion Energy (2023) US Department of Energy, M
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We'll never run out of oil. We'll stop because it takes too much energy to get it out. That's EROI, energy return on investment. Sources: Hall & Day, American Scientist (2009) Delannoy et al., Applied Energy 304 (2021) Hall, Lambert & Balogh, Energy Policy 64 (2014) Court & Fizaine, IFPEN (2017) American Oil & Gas Historical Society, offshore oil history National Academies of Sciences, offshore production history Takeda, Keeley & Managi, Journal of Fusion Energy (2023) US Department of Energy, M
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