The Oil Drum | Simmons: Saudi Oil Shock Imminent

31 comments on Simmons: Saudi Oil Shock Imminent

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Dave Cohen on September 12, 2005 - 4:29pm

Honest folks, I don't see any new revelation from Matt Simmons in the lead article for this thread. I would agree that if there's no downturn in Saudi production from Ghawar by this time next year, Simmons will appear to be "crying wolf" and so will not be doing the peak oil community any favors. On the other hand, Stuart is also right that if there's a decline in 2007, Simmons' is mostly right. I sometimes wish he would be more temperate in his statements.

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ericy on September 12, 2005 - 5:02pm

The only thing new is the suggestion that the Saudis are overproducing.

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31 comments on Simmons: Saudi Oil Shock Imminent

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