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
became source surprise
It would surprise me if it became a big source (of financing).
cheap era survive
It was the only way to survive the era of unbelievably cheap oil.
storm tropical
Even another tropical storm could set the reconstruction back for months.
cheap prices today
Prices are really cheap today and they need to go a lot higher, and they probably will go a lot higher,
closer damage given katrina product seen since starting states united united-states
I am very concerned, given the destructive damage done by (Hurricanes) Katrina and Rita, that the United States must be closer to starting to see significant product shortages than we've seen since 1979.
argue energy serious
I would argue that we are in a serious energy crisis.
america energy heart hurricane moved
We moved the energy heart of America in the bullseye of hurricane alley. That is the story of Katrina,
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.
keeps thinking
Everyone keeps thinking there is a (price) ceiling...There is no ceiling,
arabian book envisioned oil remote
The 'twilight' of Saudi Arabian oil envisioned in this book is not a remote fantasy.
debate finite middle
There isn't a middle argument. It's a finite resource. The only debate should be over when we peak.
buy hard time
This is the big story for these companies. They're so big, they're having a very hard time growing. The only thing they really know how to do well is buy back stock.
energy form spare time
For the first time in our lifetime, we are out of any form of spare capacity. It is a different energy world we live in today.
environmental needs three
We need to find three Saudi Arabias just to offset [the] decline.