Utah peak oil connection
For those of you who still think that the principle of peak oil production is just some doomsday prophecy of left-wing, environmentalist nut-jobs; you're wrong.
Wilf Sommerkorn works as Community Development Director for Davis County and runs a local blog dedicated to urban planning in Utah. Wilf Sommerkorn lives in Kaysville, and he isn't convinced that peak oil is a serious problem.
Kaysville is also where Matthew Simmons grew up. Who is Matthew Simmons? He's the chairman and CEO of Simmons & Company International, which is a private investment bank that specializes in energy research, trading, and capital structuring. According to Matt Savinar, Simmons' bank is considered to be the "most reputable and reliable energy investment bank in the world." Simmons wrote Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, which explores the peak of Saudi oil production and its implications for the entire globe. Simmons has also worked as an energy advisor for the Bush administration.
So even some of the world's best investment bankers are concerned about an impending peak in worldwide oil production. I'm just trying to drive home that peak oil is real, and not some idea that was just made up by some granola-crunching lefties.
Wilf Sommerkorn works as Community Development Director for Davis County and runs a local blog dedicated to urban planning in Utah. Wilf Sommerkorn lives in Kaysville, and he isn't convinced that peak oil is a serious problem.
Kaysville is also where Matthew Simmons grew up. Who is Matthew Simmons? He's the chairman and CEO of Simmons & Company International, which is a private investment bank that specializes in energy research, trading, and capital structuring. According to Matt Savinar, Simmons' bank is considered to be the "most reputable and reliable energy investment bank in the world." Simmons wrote Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, which explores the peak of Saudi oil production and its implications for the entire globe. Simmons has also worked as an energy advisor for the Bush administration.
So even some of the world's best investment bankers are concerned about an impending peak in worldwide oil production. I'm just trying to drive home that peak oil is real, and not some idea that was just made up by some granola-crunching lefties.
posted by Utah Peaknik at 6:10 PM
1 Comments:
I wouldn't be too hard on Wilf. He has acknowledged energy use as a legitimate issue in planning even if his outlook for things remaining as they are is a lot more optimistic than yours or mine. Not so long ago you couldn't find any mention of the energy implications of growth and development in Utah. The unspoken assumption was that it was an ample resource and it's supply would automatically and painlessly grow to meet the demand. It least people are talking about it now. And if everyone shared the same opinion about the seriousness of peak oil, there wouldn't be much of a discussion.
Bill Gates, in a recent European television interview was asked what he, as an avid reader, was reading most recently. His reply was "Twilight in the Desert" by Matthew Simmons.
Actually the list of conservative members of the peak oil awareness community is quite impressive. It includes investment billionares T. Boone Pickens and Richard Raintree,
a former Secretary of Energy and a former CIA chief, and a congressional caucus led by ultraconservative Rep. Roscoe Bartlett.
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