Matthew Simmons has bad news for Vermont

You think the financial crisis unfolded quickly? That’s nothing compared to how fast things could happen with oil. That’s the message Matthew Simmons, chair of the oil investment banking firm Simmons & Company International, delivered last month at a conference on peak oil. Vermont is unprepared for change of that rapidity.

Peak greed

At one time I decided to give greed a chance, immerse myself in it by devoting all of my waking hours to the study of money. If bankers and I were sharing the same floor of Hell, such an obsession couldn’t be all bad. Maybe Hell just needed a makeover. We could spruce it up, refinance it, remodel…