They just got a different tool to use than we do: They kill innocent lives to achieve objectives. That's what they do. And they're good. They get on the TV screens and they get people to ask questions about, well, you know, this, that or the other. I mean, they're able to kind of say to people: Don't come and bother us, because we will kill you. Bush - Joint News Conference with Blair - 28 July '06

Tuesday, April 26, 2005

Analyst fears global oil crisis in three years

Guardianunlimited: One of the world's leading energy analysts yesterday called for an independent assessment of global oil reserves because he believed that Middle Eastern countries may have far less than officially stated and that oil prices could double to more than $100 a barrel within three years, triggering economic collapse.

Matthew Simmons, an adviser to President George Bush and chairman of the Wall Street energy investment company Simmons, said that "peak oil" - when global oil production rises to its highest point before declining irreversibly - was rapidly approaching even as demand was increasing. Link

See recent papers and presentations by Matthew R Simmons Link