Reply #22: Yet we still have wars

[NickB79]

Yes, I realize that the true price of gasoline is far above what it is currently sold at when you factor in the cost of waging wars to secure oil reserves. However, if oil production yielded an EROEI of less than 1:1, such as the 0.81:1 you claim, we would be fighting wars on horseback, not in oil-fueled tanks and armored vehicles. The fact that oil is valuable enough to fight massive wars over to obtain and protect furthers my point that it's EROEI is far above 1:1; otherwise no nation on Earth would or could fight for it.

If the true price of gasoline is $5.60/gallon, that means the true value of oil is far above 1:1 EROEI, not below it.