Here comes $500 oil »

Posted By mcstubble 1 year, 3 months ago in News

(Fortune Magazine) -- Matt Simmons is as perplexed as anyone that it has fallen to him to take on OPEC, Exxon, the Saudis, and all the other misguided defenders of conventional wisdom in the oil patch. Why should one investment banker with a penchant for research be required to point out what he regards as the obvious - that from here on out, oil supplies can't meet demand, and if we don't act soon to solve this crisis, World War III could be looming?

Read Full Story at money.cnn.com »

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mcstubble

Owner and I suppose El Presidente of guerrillaRed Marketing & Design. A company I recently started after spending too much time following everyone else's rules ...

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    mcstubble1 year, 3 months ago

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    this stuff is crazy...please tell me he's wrong. But oil peaked in early 200's, so it's definitely an eventuality.

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