...using our understanding of net energy, it is possible to see that society will start experiencing problems not when fossil fuel supplies peak, but when the net energy from fossil fuels peaks.
Peak supply is, well, peak supply, after which supply declines and prices rise. It doesn't matter if the eroei is 100/1 or 1/100 at that point. Isn't that right?
That [EROEI] peak logically must come before the peak in gross extractions of fossil fuels because human societies have exploited the easy-to-get fossil fuels first.
In my little brain, the "EROEI" peak (which I guess means the point where 1 barrel of oil equivalent nets you less than one barrel of produced oil) logically can't come long before the extraction peak simply because that level of difficulty to produce means not only is the easy oil gone but the hard and near impossible oil is gone as well!
Read his post and tell me what you think - scitizen