Thursday, February 10, 2005

Peak oil: advice to investors by Mathew R Simmons

Simmons and Company International is an independant investment bank working throughout the whole spectrum of the energy industry.

Mathew R Simmons recently presented his outlook for the industry in 2005.

2005 will be a lot rougher than 2004. The world needs a B and C plan in case the A plan (carry on as if oil will never peak) starts to show flaws.

Recommended reading, comprehensive set of facts and figures.

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