If Duncan knew about a futuristic decade long boost in oil production brought on by unconventional fracture and directional drilling he'd have predicted a longer window. Kind of like right where we are now... most data available suggests we are in a global decline. What happens next is going to be very interesting.
Sadly Richard passed away in 2006 so we can't blame him for missing that anomalous blip. That blip however, clearly demonstrated that very low EROIs are now the new normal. Another bell weather indicator if you pay attention to such things.
I wonder if the entrance to the lobby at the GM Corporate R&D Center still has the life sized portrait of Alfred Sloan in the lobby - and if it still says "Inventor of Planned Obsolescence"? Gonna have to change that way of thinking!AML NLO, JRO and SEO AML
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