Expert says Saudi oil may have peaked

Energy investment banker Matthew Simmons, of Simmons & Co International, has been outspoken in his warnings about peak oil before. His new statement is his strongest yet, “we may have already passed peak oil”.

2 Big Appetites Take Seats at the Oil Table

India, sharing a ravenous thirst for oil, has joined China in an increasingly naked grab at oil and natural gas fields that has the world’s two most populous nations bidding up energy prices and racing against each other and global energy companies.

Oil, Jihad and Destiny – Chapter 1: Crisis? What Crisis?

The objective of this research effort was to characterize the size and direction of the worldwide market for crude oil, including the depletion of reserves and the impact that alternative depletion scenarios would have on oil production and consumption. These scenarios were then analyzed in order to determine their impact on world and national economies, with a special focus on the United States.