Matthew R. Simmons, Chairman of the energy-industry investment banking firm Simmons & Company International has written extensively on peak oil. He was interviewed on the subject by Foreign Policy Magazine back in 2005. And again by Energy Bulletin in June 2006

His firm has completed for its clients’ investment-banking projects that have valued over $65 billion. He has given 75 speeches since publishing his book on Saudi Oil, Twilight in the Desert (2005). “As I study the oil situation, the problems get worse… [but] the peak oil movement has grown from being a pimple to a pandemic,”

While the Peak Oil scare has died back a bit recently — Mr. Simmons has been quietly scaring the bejeebers out of Pentagon, DOE and Intelligence types for the last two years. (Mr. Simmons views were validated this week by a spate of news stories that reported the reason for Iran’s current production being below their OPEC quotas — was simply that they were running out of oil.)

Recently Mr. Simmons has decided to create “a new international water energy research center” in Rockland, Maine. According to Mr. Simmons

“What I’ve started is getting interested parties to get interested, hopefully, in Rockland, to create an institute in Rockland, an institute of water, and allowing 200 to 300 of the best scientists in the world, backed by maybe 20 universities, and 20 corporations and 20 think tanks, come here as a water fellow, and under one roof get all these people doing wave energy and tidal energy and desalination and so forth,” said Simmons.

Sounds like he could pull it off. But he could likely use some encouragement.

Certainly, I like any big idea that combines energy and water.

2 Comments

  1. […] Its not just environmental or national security concerns. Now even big oil is buying into the peak oil argument. Shell Oil CEO Jeroen van der Veer this week wrote “Shell estimates that after 2015 supplies of […]

    Pingback by Hoover Dam « Desalination Research And Development — January 26, 2008 @ 6:39 pm

  2. […] Its not just environmental or national security concerns. Now even big oil is buying into the peak oil argument. Shell Oil CEO Jeroen van der Veer this week wrote “Shell estimates that after 2015 supplies of […]

    Pingback by Hoover Dam | Water Power R&D — February 10, 2010 @ 6:45 am

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