Simmons Says Global Oil Supply Has Peaked; Sees Oil Up to $300
- 00:05:41
- Bloomberg
Matt Simmons (Bloomberg): Peak Oil Now, Oil Perhaps to $300
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Simmons Says Global Oil Supply Has Peaked; Sees Oil Up to $300
Matthew Simmons, chairman of Simmons & Co. International in Houston, talked yesterday with Bloomberg's Rhonda Schaffler about the need to address energy use, his view that global supply has peaked and the likelihood oil prices could reach as much as $300 a barrel. (Source: Bloomberg)
Bloomberg | February 1, 2007
