Peak Oil

Anyone who knows me knows I do not have a high opinion of most of the “Masters of the Universe”. Many if not most are venial, dumb shitheads.

One exception was a man I worked for almost 20 years, Matt Simmons; Matt is one of the smartest men I have ever known. He was the brain behind the restructuring of the Oil Service Industry in the early 80’s. While the process was not pretty and many jobs were lost, the industry came out of the 80’s downturn and in a better position to compete with the rest of the world.

Matt is publishing a book soon on what I think will be the major crisis of this Century if we do not plan for decreased supply and increased prices of oil in the near future. Kevin Drum of the “Washington Monthly” has a post on Peak Oil and a link to Matt’s book. Check it out.

www.washingtonmonthly.com/archives/individual/2005_04/006061.php