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matt simmons dead, oil prices crash

Matt Simmons – Matt will besorely missed Our thoughts and prayers are with his family during this difficult time “. Speeches by Matthew R Simmons are available at http://www oceanenergy org. Matt Simmons, Layman Twilight in the Desert made Simmons famous, and he began to be called upon as an expert on all things oil-related. I won’t go into all of the reasons that Matt is way off the mark on this, as that would be an essay in itself. David Wright was hit in the head by the Giants’ Matt Cain in the fourth inning of Saturday’s game and spent several moments sprawled on the ground near the plate, not moving, before getting up and walking with trainers back to the Met dugout. BLOOMBERG – Matt simmons discusses the ATROCITIES being commited against the USA by BP. Peak Oil News: Matt Simmons’ terrifying world of peak politics. Simmons goes on to say we might need nukes to seal the leak. Bloomberg: Today Matt Simmons, one of the largest investment bankers in the energy industry appeared on Bloomberg. From his home in British Columbia, he travels both locally and abroad with his wife, Jo, and two young children, Amelia and Finlay. They explore the province together, often to remote destinations, for Jo’s professional career in archaeology. And that brings us to his recent interviews over the spill in the gulf. Personally, I have a rule about presentations and interviews: If the topic is outside of my area of expertise, I decline. The Gulf oil spill is making the Exxon Valdez disaster look like a mere grease spot. He was past Chairman of the National Ocean Industries Association, and served as energy adviser to President George W. Oil production more generally is “peaking,” and this will lead to price increases unlike anything seen before. Our expectations of success at plugging this deep sea oil leak are wildly unwarranted and undeserved. Saw that yesterday Two videos are available at the link below. This will be a catastrophe like only envisioned in science fiction movies I fear. Forces of nature unpredictable have been set in motion. And then figure out what to do with millions of barrels of radioactive oil washing ashore. There have already been reports of well cavings from drilling too fast. I think BP is more concerned with salvaging the asset than solving the problem. The government has duty to the people affected by this mess whereas the one currently running the operation seem only to be interested in protecting the bottom line constantnormal. No hiding out And clearly, IMHO, this is now their only chance left short of the relief wells. So, IMHO, somebody exercised pretty good judgment to save this one for last.

petroleum

Simmons: don’t count on Saudi oil “Simmons, chairperson and chief executive of the energy-oriented Simmons & Company International investment bank in Houston, is a member of the National Petroleum Council and the Council on Foreign Relations. Down one road lies disaster, down the other utter catastrophe. Twilight in the Desert , centres on allegations that Saudi Arabia, the world’s largest oil producer and reserve holder, is on the point of a potentially catastrophic production decline. He is that rare doomsayer who puts his money where his doom is.

ecology

Got a clue? Oil, through seeps, has been a part of the Gulf ecology for a long, long time.

gulf oil spill

The Gulf oil spill is making the Exxon Valdez disaster look like a mere grease spot.

oil

Matt Simmons is an investment banker to the oil industry, probably most well-known for writing the book Twilight in the Desert. Matt Simmons, Layman Twilight in the Desert made Simmons famous, and he began to be called upon as an expert on all things oil-related. First, Simmons is an investment banker, and is not remotely an expert on all things oil-related. A corrosion engineer at The Oil Drum once weighed in on this issue , and explained that corrosion is well-understood, and not something that Simmons discovered. On Bloomberg: Simmons Says Government Should Take Over BP Oil Clean Up. Matt Simmons Matthew Simmons, founder and chairman emeritus of Simmons & Company International, is a prominent oil-industry insider and one of the world’s leading experts on the topic of peak oil. From Wikipedia Matthew Simmons, founder and chairman emeritus of Simmons & Company International, is a prominent oil-industry insider and one of the world’s leading experts on the topic of peak oil. Bush, among others Simmons is author of the book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, which examines oil reserve decline rates to help raise awareness of the unreliability of Middle East oil reserves. Peak Oil News: Matt Simmons’ terrifying world of peak politics. By Peter Foster Celebrity energy doomster Matt Simmons was in Toronto this week peddling his theories on “peak oil,” a bogus but fashionable issue that I addressed skeptically here two months ago. Simmons: don’t count on Saudi oil “Simmons, chairperson and chief executive of the energy-oriented Simmons & Company International investment bank in Houston, is a member of the National Petroleum Council and the Council on Foreign Relations. Simmons is also highly connected within the oil industry so he knows who to talk to verify his claims. Simmons went on the say scientist are now convinced the last majority of oil is below, and often well below, the surface. The book laid out the arguments that Saudi Arabia had overstated their oil reserves, that their oil production was on the cusp of decline, and that prices were set to soar. And in fact a couple of years later as oil prices climbed, Saudi production climbed back into record territory. One, it put a spotlight on Saudi Arabia and really highlighted the importance of that country to the rest of the world, especially once oil supplies began to shrink. Second, it called a lot of attention to the issue of peak oil. The gist is that he argues that the oil industry is full of rusting infrastructure, and he questions whether we have the money or even the iron resources to fix the problem. Oil companies are full of corrosion engineers who work to replace corroded equipment as needed. He believes this, because short of the nuclear weapon idea he sees no other way to stop the leak and thinks we may have to wait for all of the oil to come out of the reservoir. The Gulf oil spill is making the Exxon Valdez disaster look like a mere grease spot. Ratigan Doesn’t Seem Very Excited About Oil Flow Being Stopped. MSNBC BP LIES – OIL STILL GUSHES! CAP is a diversion to cover its butt. Peak Oil News – News blog with current coverage of the peak oil issue. Twilight in the Desert , centres on allegations that Saudi Arabia, the world’s largest oil producer and reserve holder, is on the point of a potentially catastrophic production decline. Oil production more generally is “peaking,” and this will lead to price increases unlike anything seen before. 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 “. Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy “The most critical question facing the world energy market is whether Saudi Arabia can substantially increase its oil production to meet rising world demand in the years ahead. INTL went on to explain that there is much more to the oil leak than the news has been reporting. Cowan said that his crew sent a remotely controlled submarine into the water, and found it full of oily globules, from the size of a thumbnail to the size of a golf ball. Our expectations of success at plugging this deep sea oil leak are wildly unwarranted and undeserved. Based on what I have been reading it appears a vast majority of the oil is below the surface of the Gulf amassed in numerous large oil plumes, which will probably make extraction very difficult if feasible alfred e. A whole way of life will be gone and the coast spoiled in our quest for oil. Got a clue? Oil, through seeps, has been a part of the Gulf ecology for a long, long time. And then figure out what to do with millions of barrels of radioactive oil washing ashore. That did not work We have been given little or no information about whether the oil is from the riser and casing or BOP. The more they can restrict the riser or casing just above the BOP the less oil flow there will be. It may well be that a rush job in applying the cement securing the casings has also weakened the well, allowing all that pressure from way down below to eat away at the softer sea floor above it, forcing new pathways for the oil to emerge through. Until that time, the best that can be done is to focus on collecting the oil as fast as it emerges, and thus far the track record there has not been particularly impressive either.