Category Peak oil

Matthew Simmons on Peak Oil

Matthew Simmons, chairman of energy industry investment bank Simmons & Co. in Houston, spoke to Bloomberg News in Jan 2007 about how we need to prepare for peak oil now. Not only is production lessening across the planet, the vast…

No peak oil?

Forecasts of peak oil are wrong, says a new study by industry experts that says there’s still lots of oil left in the ground. This seems a bit evasive to me. Because the real question is not how much is…