By Dr. Kent Moors, Money Morning:
An increasingly serious problem is threatening world energy markets.
As an advisor to 16 world governments on energy policy, I’ve seen many energy related problems come and go. Yet this may be the most disturbing crisis I’ve seen. And it’s being completely ignored by the media.
It has to do with a ratio we used to call the Energy Profit Ratio (EPR). But today it’s known as Energy Returned on Energy Invested, or EROEI.
EROEI is fast becoming critical.
As you’ll see, this is likely to impact you, as well as anyone else who buys gas to drive a car… or relies on fuel for their living… Read more