Tuesday, June 27, 2006

Simmons: "We are past energy peak"

TDM Talk

On June 20, 2006, Matthew Simmons of Simmons and Company International gave a presentation to the Department of Defense entitled, "The Energy Crisis Has Arrived." In this presentation, Simmons declared that world energy production has peaked and stated that he believes Middle East oil production will decline by 50 percent in the next 12 years.

Click here for powerpoint slides from presentation