The Economic-Oil Nexus (EON) Part 1: Why have low oil prices and various economic stimuli over the past several years failed to restore global economic growth?

"There is NO “break-even” price at which unconventional oils become economically worthwhile, using honest accounting. Low EROEI sources only get harvested on the basis of market fraud and government subsidies/tax breaks and NOT because they can ever generate any profit in a sane market.”

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