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CNBC - Matt Simmons - Peak Oil - 11.02.07

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Uploaded by on Nov 2, 2007

Discusses crude oil's rapid price rise

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News & Politics

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  • Hemp for victory !!! 10% of food crop space would power america? why are we allowing our country to slowly degrade into a third world level? And now L.E.A.P. is questioning our methods against the drug concept... I truly want to understand so i can feel like patriot.

  • damn! that is cheap oil!

  • Interesting camera angle on Simmons...probably a subtle attempt to blunt his message.

  • Great post. Listen to the jouralist - "So if this it $300 a barrel we can find alternative resources". Well yes Mr Journalist if it cost people 4 x more to fill up their tanks ($320 to fill up your car) the car based consumer society is completely screwed. See End of Suburbia for the prognosis of $300 a barrell oil.

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