Most important acronym yet least mentioned - EROI - Is it too late to diet the elephant in the economic room? - Catalysing the next recession/crash

Energy is the single most important necessity in our human lives - because in our modern day to day activities nothing else can be done without it. Believe me - Nothing! Some will argue thats its water, but stop and think - How much energy did it take for you to go that stream you have next to your house and fill up that bottle with that fresh seemingly infinite supply of water? None?

-Think again-
(Below I will refer to energy as calories because that is exactly what defines energy! )

How many calories did you expel to get to the stream that is only 1 mile away? Answer- about 100 Calories (average 160lb person -1 mile walk)
Where did those calories come from? Food? Yes - but what would you have to eat to get that 100 calories? How many calories were burned in order to produce that food?? Would you believe that 1000 Calories in energy were required for you to have that 100 calories to get your bottle of water? Current food production is 'highway robbery' of energy - Meet the modern on demand food system, for every 1 calorie we are able to get it takes 10 calories to produce! What about how you acquired that food... Did you drive to the store in your gas guzzling SUV or maybe you have that energy efficient prius??? Well some positive news if you were driving that Prius - you only just doubled instead of maybe tripled the negative EROI on those calories. It has now cost you about 2000 Calories for that 100 you needed to walk to that stream for that bottle of water.

???Should I continue???

BTW, bet you did not go the woods in the nude! Or without shoes! The cloths you are wearing they take calories and Wow those petroleum rich shoes - lets just say they are doused in liquid calories! OK, say you got lost in the woods while getting that water, well because of your petro chemical shoes you could have a small campfire keep you warm throughout maybe half the night... And this is only taking in account their primary physical content - what about their cost of production??

In 2016, annual global textile production was estimated at 90 billion kilograms (KG) of fabric. The estimated energy and water needed to produce that amount of fabric boggles the mind:

1,268 billion kWh of electricity or 196 million metric tons of coal and
between 8 – 11 trillion liters of water[3]

What about that plastic water bottle that you filled up the water into? Ever seen plastic on fire? How much heat do you think that petroleum gives out as it burns?

"the average American uses 167 water bottles per year"
"Making enough water bottles to satisfy the U.S. market requires 17 million barrels of oil, which could fuel up to 1.3 million cars a year. The energy to create these bottles could power 190,000 homes."
'these are few year old numbers as many manufacturers today are afraid to publish actual statistics on how much plastic and oil they use'

All in all I have estimated that for that 100 calories you burned to get that bottle filled with fresh free water cost the world 2500-3000 calories in energy!

Now imagine the cost of energy going up as it should because of the constantly growing difficulty of extracting energy/oil/gas

USA - The energy extracted from shale costs 1 barrel for every 5 barrels produced (btw, shale oil is also the least eco-friendly possible way of extracting oil)
Texes crude 1920-1950's use to come out of the ground requiring only 1 barrel of oil in energy to extract 100 barrels of oil. What does it take today? Lets just say shale is more economical... Can you see where the ratios in time are going?

Shale oil needs a minimum of $55/barrel in order to break even inc. paying off current debt - It is written that even Saudi Arabia needs over $100/barrel to be profitable. What does a barrel cost today? How long has oil been below $55? How long can they keep losing money year over year?

EROI - the current economic elephant in the room - Energy Return on Investment

Summary - Basically there is no diet that this elephant can take anymore, he is in fact about to expand beyond the four walls and absolutely nothing can stop the time crystal in the corner from breaking.

Energy (root of all evil, yet the seed of all life)- everyone needs it to survive, the industry that makes it needs it to cost more in order to keep making it, we could not afford to pay more without losing some of us, without it we would all lose control, with it we are being controlled - we need an alternative

If you have any doubts about past oil production not being profitable read this article written in 2014 about the US shale industry not being considered a "Ponzi Scheme" even at $75/barrel oil.
https://www.caseyresearch.com/is-us-shale-oil-a-ponzi-scheme-at-75-per-barrel/

Please feel to leave comments if you believe the current stories coming out about a few of Shell's wells being profitable at $20/barrl...

Sources:
sustainabletable, SRSrocco, eulerhermes, oecotextiles, scientificamerican, casey reasearch,superiorwater