“ Sure, when taking all fuels together, producing oil is still net positive in energy terms but extracting petroleum long ceased to be a self-sustaining, self-perpetuating process. Half a century ago when the energy cost of oil was a mere 3% (or less), the 10% useful work derived from the diesel portion of a barrel was more than enough to power the oil business AND provide 7% “free” energy to the economy.”
EROI of petroleum
1/2