free html hit counter Peak Oil Debunked: 252. THE TWO TONGUES OF MATT SIMMONS

Thursday, March 02, 2006


In #200, I noted that Matt Simmons has been backing off from his Saudi collapse rhetoric. I was finally able to obtain the Barron's interview by Sandra Ward, and the contrast is quite striking, so I'd like to share the relevant fair-use quote with you.

Here's Matt Simmons from an interview (Saudi oil shock ahead) in Petroleum News, Sept. 11, 2005:
Simmons also suggests that Saudi production is very near its peak. But the feedback he has received from technical people who have read the book, leads him now to believe that Saudi Arabia has "actually exceeded sustainable peak production already."

"And I think at the current rates they are producing these old fields, each of the fields risks entering into a rapid production collapse," he said.Source
Here's Matt Simmons from an interview with Barron's (Personal Wealth: Twilight for oil?), Jan. 30, 2006:
The very best criticism — the most detailed and the best written — was called Another Day in the Desert* and was written by a very highly regarded firm in Calgary. But where they went wrong was their assertion that my claim is Saudi Arabia's oil is about to go into a sudden and irreversible production collapse. That's wrong. The summary of my book is the myth that the oil fields could grow forever is false.
What a farce. You don't need to write a 448 page book to demonstrate that the oil fields can't grow forever. That's a common sense truism which everyone agrees with -- even extreme optimists like Mike Lynch and Peter Odell.
-- by JD

*) More info available here.


At Thursday, March 2, 2006 at 6:58:00 PM PST, Blogger Rob said...

Man, that dude's changing direction so fast he shoulda been on the men's snowboard team...

At Thursday, March 2, 2006 at 10:03:00 PM PST, Blogger JD said...

dc, I'm definitely going to be revisiting Simmons' gas price predictions. He went way higher than just $10, and I've got them all logged on my computer. I'm saving them for a "first day of spring special". Be sure to remind me if I forget. ;-)

At Sunday, May 14, 2006 at 6:58:00 PM PDT, Blogger Mel. Hauser said...


Live by the word, die by the word.

At Thursday, May 1, 2008 at 8:09:00 AM PDT, Anonymous Anonymous said...

Still laughing at Matthew Simmons, you right wing morons? OK, then let's wait until next year and see if you're still laughing then. Understanding the problem of peak oil how and when the consequences will manifest requires something called intelligence. Since you have no hope of understanding what this might be let me just suggest that you hold off on that Hummer purchase for just a little while longer.

At Friday, May 30, 2008 at 7:12:00 PM PDT, Blogger Ms. Incognito said...

Why is Matt Simmons being compared to a Nazi by some of the people commenting here?

What sort of Nazi-like statements has Matt Simmons ever made?

Please provide links.


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