Global Energy Management Doesn't Exist Under Capitalism And Hydrocarbon Production Is Not Limitless

in #wealth3 years ago

On average there are 10 calories of hydrocarbon #energy in each calorie of #food the industrialized world consumes. Before cooking is taken into account.

The majority of pesticides and fertilizers are made from oil.

“The age of oil is coming to an end. The world will never run out of #oil. Once it takes more than the sale price to extract one barrel, or it takes more energy to extract a barrel than one gets from burning it, there’s no point in using it.”

~ ‘A Presidential Energy Policy’ by M. Ruppert

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“We need to find three new #SaudiArabia’s just to offset decline.”

~ Matthew Simmons, one of the worlds largest energy #investment #bankers and energy experts.