There is a point when the energy required to extract and refine the product is too high to support this lifestyle.
Two main forces are play, the product from the Earth is becoming harder to obtain and refine. Market demand is growing.
The other main considerations are a barrel of oil has a 20,000+ hour of human physical equivalent, so what's a barrel of energy real price? And at what higher price does it blow up the current financial debt arrangement?
I like your answer.
There is a point when the energy required to extract and refine the product is too high to support this lifestyle.
Two main forces are play, the product from the Earth is becoming harder to obtain and refine. Market demand is growing.
The other main considerations are a barrel of oil has a 20,000+ hour of human physical equivalent, so what's a barrel of energy real price? And at what higher price does it blow up the current financial debt arrangement?
Maybe $50? Ha!