Matt Simmons on Bloomberg News
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Oil produces more work. Consider that significant difference between the two. In addition, oils demand-supply curve is highly inelastic as well.
raptorkiller2k5 2 years ago
muther fkn shocking, the terms which he frames the argument of peak oil and how invaluable it is. people need to seriously change there habbits.
krist300 3 years ago
I LOVE THE "SUN" AND ITS ENERGY:!!!!
bababookaka 3 years ago
jaaaaaaaaa
A FROGGGG
bababookaka 3 years ago
Is it just me or does the interviewer sound bit like Kermit frog?
vientorio 3 years ago
Sort of. One cup of gas will move most cars about 2 miles. A human can move themselves that far in about half an hour. Most of the time people drive their cars alone and don't haul anything. Most of the energy from that gas is going to waste.
kevinabt 3 years ago
Starbucks mixes some hot water with some ground up coffee beans and charges people 3 dollars a cup and people think thats natural and reasonable. Yet people seem to think that there's some natural or devine law that says that oil is too expensive at 15 cents a cup.
doctormodesto 3 years ago 2
Don't confuse this individual with the facts Mr. Soylent.
doctormodesto 3 years ago
With all due respect Mr. George I would think that any country with any oil that wants to get the most money for it is the opposite of incompetent. Britain pumped all its oil out of the north sea in the 80's and 90's at twenty or thirty dollars a barrel and now there's hardly any left just when the planet is hitting peak oil. So not only isn't the U.K. going to have any of the highly profitable export market of say 200 dollars a barrel but it will have to import oil at the new high rates.
doctormodesto 3 years ago
Did it ever occur to you, that they need the money to invest in new projects? So called big oil isn't so big anyway. Exxonmobil doesn't control 3% of the world oil supply. Most of the oilreserves are controlled by incompetent goverment who have there own political agenda. That is one reason why oil is so high!
GeorgesmithPattonjr 4 years ago