PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: Doug R who wrote (326)	4/14/2005 5:15:33 PM
From: AuBug	Read Replies (2) of 1183

They could build a nuclear power plant to supply electricity for the tar sands extraction that could also hydrolyze water to get hydrogen to reduce the hydrocarbons and eliminate the need for natural gas. I tried to learn about this EROEI concept which on the surface sounds simple but the tables I saw say nothing about how they calculated it. It may be flawed due to erroneous assumptions. It's obvious that it takes more energy to produce a barrel of oil from tar sands than a Saudi light sweet field but it begs the question of how the tar sand companies can profit if they're buying 2 barrels of oil for every 3 they produce and have other expenses on top of that.

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