I live in North Carolina - they are getting ready to frack in very
uncertain geology here. That is what will happen next.


On Wed, May 28, 2014 at 3:13 AM, Martin WINLOW via EV <ev@lists.evdl.org>wrote:

> A Financial Times article a couple of weeks back was saying that $1T of
> recent investment in shale oil and gas extraction will never se a profit -
> due to too low oil and gas prices.  Guess what's going to happen next?  MW
>
>
> On 27 May 2014, at 07:02, Jan Steinman via EV wrote:
>
> >> From: Michael Ross [mailto:michael.e.r...@gmail.com]
> >>
> >> Can we really disregard the energy cost of all those other items making
> >> up the totla cost?
> >
> > No! It's a totally essential concept!
> >
> > I think the Hummer versus Prius example was probably contrived and
> skewed, but the concept of energy cost accounting is something we don't do
> enough of these days.
> >
> > For example, some energy cost analysis indicates that some shale oil
> costs as much as $120/barrel to produce, although the market rate is only
> $100/barrel. Some studies even suggest that some shale oil well use more
> energy than they will ever produce.
> >
> > For more info, look into "emergy," a concept rigorously developed by
> Howard (HT) Odum.
> >
> > :::: The more the work is left to nature, the greater the net yield but
> the longer the time required... Thus sometimes the most apparently
> productive and high-yielding sources of energy involve a lot of activity
> for little return, while long-term investments, especially in naturally
> grown forests, provide the greatest value for future generations. -- David
> Holmgren
> > :::: Jan Steinman, EcoReality Co-op ::::
> >
>
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-- 
Put this question to yourself: should I use everyone else to attain
happiness, or should I help others gain happiness?
*Dalai Lama *

Tell me what it is you plan to do
With your one wild and precious life?
Mary Oliver, "The summer day."

To invent, you need a good imagination and a pile of junk.
Thomas A. 
Edison<http://www.brainyquote.com/quotes/quotes/t/thomasaed125362.html>

A public-opinion poll is no substitute for thought.
*Warren Buffet*

Michael E. Ross
(919) 550-2430 Land
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