Matt Simmons on Bloomberg: Peak Oil is Now and Oil Is WAY Too Cheap
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 much higher prices. (Source: Bloomberg)We've discussed this once before, but it's worth passing around again. Send the link to friends. Hit reddit and digg with this new post too.