Interview of Matt Simmons on Bloomberg about peak oil, oil prices, and whether recession can lower the cost of gas.
Below is interview video of Matt Simmons on Bloomberg. He talks about peak oil, oil prices, and whether recession can lower the cost of gas. For those who do not know who Matt Simmons: Mr. Simmons is Chairman of Simmons & Company, the only independent investment bank specializing in the entire spectrum of the energy industry. Founded in 1974, the firm has acted as financial advisor in over $123* billion of transactions, including 511 merger and acquisitions worth over $88 billion. Simmons has served as co-manager on over $30 billion in public debt and equity offerings. Therefore, investors or speculators who are involved in energy investment and trading respects his opinions.
Matt Simmons on Bloomberg talking about peak oil, oil prices, and whether recession can lower the cost of gas. Simmons says raised Saudi oil output is `Drop in Bucket' (June 17, 2008).
Other interview videos related to peak oil:
Matt Simmons Discusses Peak Oil on CNBC (5/29/2008).
T. Boone Pickens on CNBC Discussing Peak Oil (5/21/2008). Mr. Boone Pickens is chairman and CEO of BP Capital which operates energy focused commodity and equity funds. Mr. Pickens has more than 50 years of experience in the oil and gas industry. Mr. Pickens is the founder of Mesa Petroleum, one of the largest and most influential independent producers of natural gas and oil.
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