September 2004

With oil prices reaching an anguish-provoking $49/barrel or so last month, it could be you ain’t heard nothing yet: How does $182 a barrel grab you?

That’s the number Matt Simmons, head and founder of an internationally respected 30-year old energy investment bank, Simmons & Company International, Houston, has been throwing out in some recent presentations, including at a late-May conference on the study of peak oil in Berlin, according to an opinion piece on energy security in the Aug. 23 on-line version of India’s “Business Line,” the financial daily of “The Hindu.”

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