 | Matt Simmons says 2008 we're "going to smack into a wall" In Aug 2005, Simmons, energy banker, says we have 2-3 years before we run into the wall of limiting oil supply. Simmons also postulates that when Saudia Arabia peaks then the world's oil production has peaked. In July of 2008, it appears that we are now facing flat oil production. "hitting the wall" quote context from globalpublicmedia: LD: Very briefly, how much time does the world have to wake up as you'd like to say? MS: If we did a data reform in the next three months, it would take about thirty days for serious people to say we're either in an enormous jam today or we have two or three more years before we're going to be in a jam. If we don't do the data reform we're just going to smack into a wall and then face a problem that's just as important as we found out in 1939 that we basically after a decade of being in denial we were basically facing World War II. |
 | Matt Simmons (Bloomberg): Peak Oil Now, Oil Perhaps to $300 Matthew Simmons, chairman of Simmons & Co. International in Houston, talked yesterday with Bloomberg's Rhonda Schaffler about the need to address energy use, his view that global supply has peaked and the likelihood oil prices could reach as much as $300 a barrel. (Source: Bloomberg) Originally posted on Youtube by profgoose |
 | Energy Crisis, A Discussion with Matt Simmons Amidst skyrocketing oil prices, considerable financial activity in the oil market, and increased gas prices, producing and consuming nations alike are concerned about efficiency and supply. World Energy recently spent an afternoon with Matthew Simmons, president of the energy investment firm Simmons & Company International and author of Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, to hear his perspective on oil supplies, pump prices, distributed generation and a return to post--World War II practices. Oil prices have been too low for too long, he says. "The problem isn't that the prices are going up, it is that they have been so low for so long that we have been caught in a correction," explains Simmons. The problem, notes Simmons, is not strategy; it is having a game plan for execution. In the interview, Simmons focuses beyond "peak oil" and looks at the immediate nature of the energy situation, examining both near-term solutions and long-term ones. Focusing on renewable sources, Simmons points out the current production from these sources is roughly 1.50 percent, but that 1.50 percent is nonetheless a significant contribution. He then explains the actual potential to be unlocked in energy produced from wind and geothermal and the importance of distributed generation. |
 | Energy Crisis, A Discussion with Matt Simmons Pt2 Amidst skyrocketing oil prices, considerable financial activity in the oil market, and increased gas prices, producing and consuming nations alike are concerned about efficiency and supply. World Energy recently spent an afternoon with Matthew Simmons, president of the energy investment firm Simmons & Company International and author of Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, to hear his perspective on oil supplies, pump prices, distributed generation and a return to post--World War II practices. Oil prices have been too low for too long, he says. "The problem isn't that the prices are going up, it is that they have been so low for so long that we have been caught in a correction," explains Simmons. The problem, notes Simmons, is not strategy; it is having a game plan for execution. In the interview, Simmons focuses beyond "peak oil" and looks at the immediate nature of the energy situation, examining both near-term solutions and long-term ones. Focusing on renewable sources, Simmons points out the current production from these sources is roughly 1.50 percent, but that 1.50 percent is nonetheless a significant contribution. He then explains the actual potential to be unlocked in energy produced from wind and geothermal and the importance of distributed generation. |
 | Peak Oil (part 1) The Hour's Take on Peak Oil. Great insight into the problem which may arise in the future. Originally Posted on Youtube by Extreme632 |
 | CNBC - Marc Faber on Global Credit Bubble - 10.22.07 [3/3] Dr Marc Faber from the Gloom Boom Doom newsletter. |
 | The Truth About Offshore Drilling The truth about offshore drilling, with David Kirsch, of PFC Energy, and Matt Simmons, Simmons & Co. International. CNBC. Originally posted on Youtube by leanan777 |
 | Dr. Hirsch Discusses Peak Oil on CNBC Dr. Hirsch Discusses Peak Oil on CNBC Broadcasted on CNBC Originally posted on Youtube by JoulesBurn |
 | CBS NEWS ON NATIONWIDE VOTE PURGING Sept. 30, 2008 |
 | Matt Simmons Discusses Peak Oil Matt Simmons Discusses Peak Oil on CNBC 5/29/2008 Originally posted by JoulesBourn |
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