SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Peak Oil - Not If but When
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: veritas5018/14/2010 3:52:20 PM
of 129
 
I saw news reports on the death of Matthew Simmons and a number of them referred to him as a proponent of the Peak Oil "theory."

Let's get something straight. The peaking of oil production is not a "theory." It is a well observed characteristic of oil fields. To say it's a "theory" implies Simmons was a crank whose statements on Peak Oil are not grounded in reality but are just blather. It's an insult to his memory and to his courageous effort to alert people to this nascent disaster.

I believe Simmons was in fact tormented towards the end of his life by his role in the oil industry and its expansion of oil consumption by the world. Unlike many in the oil industry, Simmons had a conscience, and should be recognized for the caring man that he was.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News