[StarvingLion]

$this->bbcode_second_pass_quote('', 'E')nergy consumed by the oil & gas industry is reported to the International Association of Oil & Gas Producers (OGP)

[kublikhan]

China's economy added 13 million new jobs last year, despite the increasing use of automation. China's unemployment rate fell last year. And China is facing a labor shortage. Jobless Consumer? Hardly.

[ennui2]

$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('Whatever', '')$this->bbcode_second_pass_quote('ennui2', 'W')e're not as close to using all the oil in the world to make all the oil in the world as ETP's bogus statistics says we are, period.

[radon1]

$this->bbcode_second_pass_quote('Whatever', ' ') Consumers cannot spend more money than they actually have.

If there were no maximum thermodynamic limit to the price of oil, that would imply that the price of oil could rise to infinity. Of course that is impossible

[ennui2]

$this->bbcode_second_pass_quote('pstarr', 'n')ot if there are actual adult scientists involved.

[Whatever]

$this->bbcode_second_pass_quote('ennui2', 'S')cientists? You mean an anti-suburbia demagogues like you (who, in the studious pursuit of truth, is quick to question other men's masculinity and accuse them of living in mommy's basement) or would that be Whatever who has confessed that he treats ETP as his own personal "grand unification theory" religion?

[marmico]

Starr, are you going to do the ETP Method 2 proof or not?

Just a giggle for futilist whatever, here is a backcast Method 1 proof for 1981:

US data for 1981:

GDP; $3.2 trillion *1
The price of WTI; $31.77/ barrel
Petroleum consumption; 5.9 Gb/ year *2
% energy consumption from petroleum, EIA; 42% *3
Total US crude cost = $186 billion (consumption x price)

Method 1

Converting $186 billion of crude consumed into goods and services required: $186 billion/0.2045 = $910 billion.
42% x GDP = $1.34 trillion

Percent of total petroleum dollars used to extract, process, and distribute it: $0.91 trillion/ $1.34 trillion = 68%.

Wowser, the magical 50% was passed in 1981. The ETP Method 1 proof is GIGO.

[AdamB]

$this->bbcode_second_pass_quote('Whatever', '
')I have been trying to seriously discuss the subject of the Etp model and thermodynamic limits as dispassionately as I can while you post useless cartoons and animation loops like a petulant child.

---Futilitist

[vtsnowedin]

$this->bbcode_second_pass_quote('marmico', 'S')tarr, are you going to do the ETP Method 2 proof or not?

Just a giggle for futilist whatever, here is a backcast Method 1 proof for 1981:

US data for 1981:

GDP; $3.2 trillion *1
The price of WTI; $31.77/ barrel
Petroleum consumption; 5.9 Gb/ year *2
% energy consumption from petroleum, EIA; 42% *3
Total US crude cost = $186 billion (consumption x price)

Method 1

Converting $186 billion of crude consumed into goods and services required: $186 billion/0.2045 = $910 billion.
42% x GDP = $1.34 trillion

Percent of total petroleum dollars used to extract, process, and distribute it: $0.91 trillion/ $1.34 trillion = 68%.

Wowser, the magical 50% was passed in 1981. The ETP Method 1 proof is GIGO.

[radon1]

$this->bbcode_second_pass_quote('Whatever', '
')The price of oil on the world oil market cannot be whatever high.

[marmico]

It is simple. I'm just following Method 1 empirical proof of the ETP algorithm. The ETP author, like you, can easily calculate the proof on an annual basis from 1960 forward. 56 cells x 4 columns variable plus one column fixed. For purposes of current analysis there are now 3 points of data. 1981=68%, 2012=50% and 2015=26%. The ETP author calculated the 2012 point, I calculated the 1981 and 2015 points; futilist whatever can calculate the other 53 points and put it in graph form.

[kublikhan]

$this->bbcode_second_pass_quote('pstarr', 'g')ot a link to the methodology? How did the Oil and Gas Producers arrive at that net-energy figure? Tnx in advance.

[StarvingLion]

$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('pstarr', 'g')ot a link to the methodology? How did the Oil and Gas Producers arrive at that net-energy figure? Tnx in advance.

[vtsnowedin]

$this->bbcode_second_pass_quote('StarvingLion', '')$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('pstarr', 'g')ot a link to the methodology? How did the Oil and Gas Producers arrive at that net-energy figure? Tnx in advance.

[kublikhan]

Wind turbines being EROEI negative is complete BS. I wasn't going to even bother responding to such blatantly false information but:

$this->bbcode_second_pass_quote('', 'U')S researchers have carried out an environmental lifecycle assessment of 2-megawatt wind turbines mooted for a large wind farm in the US Pacific Northwest. Writing in the International Journal of Sustainable Manufacturing, they conclude that in terms of cumulative energy payback, or the time to produce the amount of energy required of production and installation, a wind turbine with a working life of 20 years will offer a net benefit within five to eight months of being brought online.

Their analysis shows that the vast majority of predicted environmental impacts would be caused by materials production and manufacturing processes. However, the payback for the associated energy use is within about 6 months, the team found. It is likely that even in a worst case scenario, lifetime energy requirements for each turbine will be subsumed by the first year of active use. Thus, for the 19 subsequent years, each turbine will, in effect, power over 500 households without consuming electricity generated using conventional energy sources.

[ennui2]

If I've read one SL post, I've read them all. Everything's a ponzi scheme and everybody is being deliberately scammed and we're all stupid sheeple for not realizing it the way he (in his great wisdom) does. It's a paranoid view of the world meant to make himself feel better for whatever sorry state he finds himself in.

[Whatever]

$this->bbcode_second_pass_quote('ennui2', 'I')f I've read one SL post, I've read them all. Everything's a ponzi scheme and everybody is being deliberately scammed and we're all stupid sheeple for not realizing it the way he (in his great wisdom) does. It's a paranoid view of the world meant to make himself feel better for whatever sorry state he finds himself in.