What is Matt Simmons Agenda?

Is this man speaking out with the unvarnished truth?  His past affiliations are troubling to me.
Questions for Mr. Simmons
1. If the Peak Oil Theory is true, please tell me how the Gulf of Mexico “hole” can flow out as large as to cover “40% of the floor of the Gulf of Mexico”, and eventually flow out to pollute the oceans of the world?

2. Next thought I’m pondering upon is Simmon’s ascertion that the “hole” in the earth will keep on gushing 30 + years.  Now if we look at an earthbound volcano and compare it’s eruptions to an underwater volcano what do we have in time of activity, volume, pressure, and extent of flow?  Something doesn’t ring true to me about Matt Simmon’s statements. 

3. Mr. Simmons does your project for alternative off shore wind energy not oppose conventional energy companies?

4. Do you acknowledge the existence of abiotic oil?

5. You ascribe to changing our world from urban centers to living in villages, and cutting out long distance travel, and local economies with locally grown foods and manufactured goods.  Do you also ascribe to the CFR’s goals of reducing the population of the world?  If so how would you accomplish this?

Everything I have found out about Matthew Simmons comes from these sources;
and  http://www.scribd.com/doc/20649328/Matt-Simmons-Energy-Presentation  dated October 5, 2009.

From these I have seen Mr. Simmons dedication to and personal gain connected to:
1. Fossil Fuels Peak Theory
2. His interest in the Ocean Energy Institute
3. Simmons and Company International, Investment Bankers to the Energy Industry
4. Affiliation with W. Bush and Chenny Energy program
5. Investment management of $56 Billions portfolio.
  He recommends Michael T. Klare’s book, Resource Wars (The Landscape of Global Conflict)

from http://en.wikipedia.org/wiki/Matthew_Simmons

Matthew Simmons, founder and chairman emeritus of Simmons & Company International, is a prominent oil-industry insider and one of the world’s leading experts on the topic of peak oil. Simmons was motivated by the 1973 energy crisis to create an investment banking firm catering to oil companies. In his previous capacity, he served as energy adviser to U.S. President George W. Bush.

Matthew Simmons believes the Club of Rome predictions are more accurate than usually acknowledged [1]. Simmons is an adviser to the Oil Depletion Analysis Centre. He is a member of the National Petroleum Council and the Council on Foreign Relations. He believes a careful assessment of Saudi Arabian oil reserves is the most significant issue shaping petroleum politics.

Oil price wager  In August 2005, Simmons bet John Tierney and Rita Simon, the widow of Julian Simon, $2500 each that the price of oil averaged over the entire calendar year of 2010 will be at least $200 per barrel (in 2005 dollars). This wager has been dubbed “The Simmons-Tierney Bet.” [2] Unless there is a significant unforeseen event, it is appears highly unlikely that Simmons will win this bet. However, the world-wide economic collapse created demand destruction that greatly decreased the demand for oil and thus reduced prices. This points out that Simmons theories do not take into account economic effects enough. However, his theories about the difficulties in increasing (or maintaining) production levels have not yet been disproved. 

Saudi Arabian oil reserves  In his book, Simmons argues that production from Saudi Arabia, and especially from Ghawar, the world’s largest oil field, will peak in the near future, if it has not done so already. Simmons bases his case on hundreds of internal documents from Saudi Aramco, professional journals, and other authoritative sources.  “Twilight in the Desert” has been criticized for “turning benign technical matters into crisis-level evidence” and making “numerous technical gaffes”, such as misinterpreting fuzzy logic as meaning “fuzzy numbers” (his use of the computer science term was proper but it did not really advance his argument), “dew point” as meaning the pressure that a well stops producing, citing obsolete data on water cuts, and assuming that a pressure drop in a vertical wells has the same implications as in a multilateral well. He is also accused of ghost references and misrepresenting sources.[1] http://www.rseg.com/sample/MP_Simmons10_05.pdf

Ocean Energy Institute  Since Matthew Simmons works as an investment banker to the oil and gas industry, there are some that have put forward the theory that his doom-saying is merely a ploy to obtain more business for his business that finances oil and gas drilling rigs. However, Simmons appears quite sincere and has even founded a major alternative energy foundation, the Ocean Energy Institute. The Ocean Energy Institute researches and develops energy sources from the oceans such as wind energy and tidal energy. [2]  Tierney, John. link The $10,000 Question. NY Times. 23 August 2005. 

Appearance  Simmons has made contributions to the films *PEAK OIL – Imposed by NatureThe Power of Community: How Cuba Survived Peak Oil (2006), The End of Suburbia, Crude Impact, and Crude Awakening: The Oil Crash, and appeared on *World Energy Television World Energy Video Interview, August 2008

In above WETV video Mr. Simmons says we should ideally be paying $12 to $15 dollars per gallon of gas!  He said that gas at $4 is still too cheap.  He says we have to change our lifestyles to wean off fossil fuels.  See the video, it’s a whole philosophy on energy.  http://www.worldenergysource.com/newasf/wetv.cfm?vfile=wetv_energycrisis

On May 26, 2010, Matthew Simmons was a guest on ‘The Dylan Ratigan Show’ on MSNBC, where he explained his reasons for believing that the Deepwater Horizon oil spill involved not only the leak being monitored by British Petroleum’s video-camera-equipped ROVs [remotely operated vehicles], but another, much bigger leak, several miles away:

SIMMONS: …when you look at the riser [on the live BP video], you realize that you’re looking at a twenty-one-and-a-half inch circumference riser, and there looks like somewhere between a six and seven inch rip on the top. So the stuff coming out — it looks like a lot, but I actually saw a white fish go through it and come out white. So I said, this isn’t the same as this brown, gooey, orange stuff that they found in the plume seven miles away. And I still believe that what happened is that the riser blew off the wellhead, and it’s hooked onto the rig; so you’ve got a mile of oil inside that that’s pretty light concentrate. So that’s what they’re actually trying to get out. So it’s not sure that — luckily they placed the top kill correctly. But now they have to see if it will take mud. It probably will take mud. But then they shouldn’t delude themselves that they’ve stopped the spill; they should now go and say, ‘Let’s figure out what the plume was all about,’ because if THAT’S the hole, and the casing blew out, we have an enormous problem.

RATIGAN: …so you’re saying that the video we’re all now looking at right now is not the only leak, is that what you’re saying?

SIMMONS: That’s a tiny leak, and what the scientists are saying watching this stain spread — it’s now bigger, I gather, than Maryland and Delaware, and several hundred feet thick, and it’s gooey stuff — that’s NOT coming out of there; they think that it’s flowing at 120,000 barrels a day. It would almost have to be that big to flow that wide.

RATIGAN: And where do you believe the second outlet is relative to what we’re seeing on the video, Matt?

SIMMONS: What the research vessel found a week ago Sunday [referring to news reports of May 16, 2010] was this giant plume about six miles away, and then this huge layer of goo on the ocean floor… that’s almost certain- I mean, maybe it’s a natural fracture — I think that’s where the wellhead is.

Remaining Questions I Have Concerning the Deepwater Horizon “hole”
a.. Is it oil plus gases and organic and inorganic chemicals? 
b. Is it volcanic muds and gases and inorganic chemicals with oil into the mix?
Closing  Is Matt Simmons being completely honest, is he telling all his reasons for his beliefs, what is his Agenda?



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