August 8,2010 Prominent oil investor Matt Simmons died of a heart attack Sunday night at his home in North Haven, Maine, according to police reports. The famed energy banker was a prominent proponent of peak oil theory, and most recently got attention for his dire calls about the fate of the Gulf of Mexico. The debate about the effect of the Deepwater Horizon oil spill — he thought it would be cataclysmic — lead him to split with his old firm, Simmons & Co., of which he was the chairman emeritus. His legacy will no doubt be his work on peak oil and resource scarcity. Last interview on King World News: kingworldnews.com He was real critical of BP on this interview. Link to video explaining 2 wells in the drill site area: www.youtube.com
Video Rating: 5 / 5
( Dr. Doom / Proxywhore) “Peak Oil” and “Nuke Option” Man Who Predicted the End of Oil Former POTUS Energy Advisor ‘Matt Simmons’ Found Dead. According to police reports, Simmons suffered a heart attack while in a hot tub at his home on North Haven. An autopsy is planned for today in Augusta, according to the Knox County Sheriff’s Office. Simmons presented a daunting analysis of the BP blowout, why it happened, how it happened, and how BP knowingly failed to respond appropriately. He gave the talk to 150 attendees at the request of local people, but he has been speaking about the spill and what he says is BP’s malfeasance publicly – including on MSNBC and other national outlets – for months. Fortune magazine’s headline to its June 9 interview with Simmons read, “The Gulf Coast Oil Spill’s Dr. Doom.” At Tuesday night’s talk in Camden, Simmons said BP has misled the public and the government into focusing on a smaller spill at the site of the oil riser that viewers can see on television. It looks big on cameras, said Simmons, but the plume of oil is only six feet high. The oil riser is attached to the sunken oil rig, not to the oil well itself, said Simmons. What is coming out of the riser, which is about a mile long, is not coming from the well itself. “Keep in mind when the well blew, the rig caught fire and the guy at the joystick on the rig moved the rig away from the well so people could jump off,” said Simmons. “Then the water boats pushed the rig farther from the …
