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Rising Food Prices Part 1: Oil and Fertilizer

Mastering Nutrition

CHAPTER

Is Shail Ann Fracking the Same Thing?

Oil is a very expensive and energy intensive resource to extract. It looks like we've exceeded our peak conventional oil, which means we've hit our peak kind of cheap oil. Since that happened, it's gotten harder and more expensive to get addif oil. And so what you saw was this rush to deploy capital into diminishing returns,. Both because too much capital was deployed, as well as becausea productivity improvements were peking.

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