The Energy Return on Energy Invested (EROEI) for Newly Discovered

question 48

Multiple Choice

The energy return on energy invested (EROEI) for newly discovered oil fields was typically around 100:1 in 1940s and it has currently decreased to ________

• A) 8:1
• B) 75:1
• C) 50:1
• D) 25:1
• E) 15:1

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Definitions:

Year 1

A term typically used to refer to the first year of operation, accounting period, or investment.

Fixed Manufacturing Overhead

Costs associated with production that do not vary with the level of output, including rent, salaries, and equipment depreciation.

Deferred

A term referring to expenses or incomes that have been recorded but not yet incurred or realized, impacting future periods.

Inventories

The complete list of items such as merchandise, raw materials, and finished goods that a company holds for sale or production.