Matthew Simmons
Matthew Simmons
Matthew Roy Simmonswas founder and chairman emeritus of Simmons & Company International, and was a prominent figure in the field of peak oil. Simmons was motivated by the 1973 energy crisis to create an investment banking firm catering to oil companies. He served as an energy adviser to U.S. President George W. Bush and was a member of the National Petroleum Council and the Council on Foreign Relations...
ProfessionEntrepreneur
Date of Birth7 April 1943
arabian book envisioned oil remote
The 'twilight' of Saudi Arabian oil envisioned in this book is not a remote fantasy.
storm tropical
Even another tropical storm could set the reconstruction back for months.
argue energy serious
I would argue that we are in a serious energy crisis.
arabia basically complexes far fence incredible inside taken various
In 2003 there was basically a chain-link fence around this incredible facility. What's worrisome is that the various bombings that have taken place in these complexes in Saudi Arabia so far have all had the markings of being an inside job.
became source surprise
It would surprise me if it became a big source (of financing).
keeps thinking
Everyone keeps thinking there is a (price) ceiling...There is no ceiling,
cheap prices today
Prices are really cheap today and they need to go a lot higher, and they probably will go a lot higher,
again beaten both gotten handle title twice
We've been beaten (in title games) twice now -- both times by Porter-Gaud. We've gotten there again and now we have to handle our business.
years oil saudi-arabia
Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption.