The Energy Return on Energy Invested, EROEI, is known as an important parameter for evaluating the efficiency of energy-producing technologies. In this paper we examine the concept of EROEI from a general viewpoint, giving insights on a wider range of applications. In general, natural resources can be seen as energy stocks characterized by a “potential” that can be exploited by creating intermediate stocks. This transformation is typical of dissipative systems and for the first time we found that Lotka-Volterra model, usually confined to the study of biology of populations, can represent a powerful tool to estimate EROEI for some such systems, providing an understanding of the reason for the overexploitation phenomenon and, in some cases, the collapse of the exploiting system.