I would argue that we are in a serious energy crisis.
More Quotes from Matthew Simmons:
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.Matthew Simmons
Prices are really cheap today and they need to go a lot higher, and they probably will go a lot higher,
Matthew Simmons
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.
Matthew Simmons
The 'twilight' of Saudi Arabian oil envisioned in this book is not a remote fantasy.
Matthew Simmons
There isn't a middle argument. It's a finite resource. The only debate should be over when we peak.
Matthew Simmons
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