Opinion of the CEO of the world's largest Energy Investment Bank

Discussion in 'Trading' started by harrytrader, Aug 30, 2003.

  1. Energy Investment Banker, Government Energy Advisor and CFR
    member Matthew Simmons offers candid and explosive observations on
    the Northeast Blackout, Peak Oil and Gas and tells the truth about
    America's energy supplies. Will politicians rise to the challenge?
    Simmons says, "What that means in the starkest possible terms is that
    we are no longer going to be able to grow. It's like with a human being
    who passes a certain age in life. Getting older does not mean the same
    thing as death. It means progressively diminishing capacity, a rapid
    decline, followed by a long tail."