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20060530 Tuesday May 30, 2006

Tight Oil Supplies: Simmons

peakoil.com -> simmonsco-intl.com (pdf) :

A comprehensive PDF by Matthew Simmons

Questions We Should Have Asked:
Could end to sustainable energy supply growth be nearing?
How soon could 'peak oil and gas' arrive?
How long would peak stay at a plateau?
How fast could supply then decline?
Is peak oil more likely than peak natural gas?

World Should Assume We Are At Peak For Oil AND Gas
Optimists have no meaningful facts to bolster enthusiasm
Peaking of usable oil and gas is either
- Approaching front door
- Knocking at the world's door
- Now inside the house
Denial has created an awful global crisis
Denying peaking of modern energy creates the ultimate crisis

(2006-05-30 11:03:48 SGT) [Energy] Permalink

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