King, Carey W.; Hall, Charles A.S. - In: Sustainability 3 (2011) 10, pp. 1810-1832
(EROI), the price of energy, and the profit of an energy business. Our analyses show that EROI and the price of energy are … inherently inversely related such that as EROI decreases for depleting fossil fuel production, the corresponding energy prices … sufficiently describe the fundamental trends between profit, price, and EROI. For example, in 2002 an EROI of 11:1 for US oil and …