Biodiesel, coal-to-liquid conversion, and other renewables comprise such a small percentage of US oil production that they do not contribute meaningfully to the bottom line despite receiving disproportionate media attention and policy focus.
factualpending
Speaker
Art BermanEvidence Quote
“The renewables... It's such a small percentage that I don't really even want to talk about it because it's something that gets a lot of press, but it doesn't contribute hardly anything to the bottom line.”
Source
Arthur Berman: "Peak Oil - The Hedonic Adjustment" | The Great Simplification #54— Nate HagensCreated: 8/12/2026, 5:55:57 PM
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