 | DrumBeat: February 25, 2007 | The Oil Drum | A quick review of some current numbers on domestic crude oil stocks and the like |  |
Matt Simmons on Bloomberg: Peak Oil is Now and Oil Is WAY Too Cheap
Posted by Prof. Goose on February 25, 2007 - 3:07pm
Topic: Supply/Production
Tags: matthew simmons [list all tags]
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.
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