There isn't a middle argument. It's a finite resource. The only debate should be over when we peak.
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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
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.
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Prices are really cheap today and they need to go a lot higher, and they probably will go a lot higher,
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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.
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The 'twilight' of Saudi Arabian oil envisioned in this book is not a remote fantasy.
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