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Wednesday, August 11, 2010

The Associated Press: Simmons, energy investment banker, dies in Maine

The Associated Press: Simmons, energy investment banker, dies in Maine: "Matthew Simmons, an energy investment banker who espoused the peak oil theory and became an advocate for alternative energy, has died at his North Haven island home, officials said Monday. He was 67.
The founder of Houston-based Simmons & Co. International wrote the 2005 book 'Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy,' raising concerns about Saudi Arabia's oil reserves and laying out his theory that the world was approaching peak oil production."

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