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Tags Matthew Simmons , obituaries , peak oil

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Old 11th August 2010, 02:42 AM   #1
JihadJane
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Matthew Simmons (1943 – 2010)

Investment banker, Member of the Council on Foreign Relations, energy advisor to Bush/Cheney and author of the iconoclastic book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy has died.


A tribute from a friend, by Michael C. Ruppert:

http://www.collapsenet.com/index.php...ns-1943-–-2010
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Old 11th August 2010, 07:05 AM   #2
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Who?
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Old 11th August 2010, 07:20 AM   #3
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Who?
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Old 11th August 2010, 08:30 AM   #4
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Old 11th August 2010, 08:44 AM   #5
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... ok.
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Old 11th August 2010, 08:50 AM   #6
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Not Richard Simmons, then.
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Old 11th August 2010, 08:52 AM   #7
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Michael C. Ruppert is 9/11 truther celebrity and Simmons is a peak oil celebrity. He's also a republican and has worked with Bush and company which for some very odd ironic reason, gives him extra clout with people like JJ
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Old 11th August 2010, 10:26 AM   #8
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I expect there is some kind of conspiracy to explain his untimely death.

Quote:
Arthur Berman, a geologist who lives near Houston and writes for the Oil Drum energy website, said he shared Simmons’s views on peak oil. Simmons did have “some peculiar ideas” on the BP Plc spill such as the size of the disaster, Berman said, and he’d hoped to talk with Simmons about the reasons for some of his thoughts.

Simmons was a frequent critic of BP’s efforts to stanch its oil spill in the Gulf of Mexico, suggesting at one point that the best option would be to detonate a small nuclear bomb undersea to kill the well.

bloomberg
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Old 11th August 2010, 10:40 AM   #9
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Anyone read Twilight in the Desert?
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Old 11th August 2010, 01:00 PM   #10
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Originally Posted by JihadJane View Post
A tribute from a friend, by Michael C. Ruppert:
How many women were sexually harassed writing that "tribute"?
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Old 11th August 2010, 01:18 PM   #11
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Originally Posted by TragicMonkey View Post
Not Richard Simmons, then.
I think we're stuck with that one for a long while.
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Old 11th August 2010, 02:00 PM   #12
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Originally Posted by JihadJane View Post
Anyone read Twilight in the Desert?
Is that the vampire book?
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Old 11th August 2010, 03:35 PM   #13
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Matthew Simmons was on the wrong side of a very foolish (for him) long term public bet that will be settled on Jan 1, 2011.

http://en.wikipedia.org/wiki/Simmons...%93Tierney_bet
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Old 11th August 2010, 05:05 PM   #14
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Originally Posted by JihadJane View Post
Anyone read Twilight in the Desert?
yes I read it.
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Old 11th August 2010, 05:47 PM   #15
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Originally Posted by portlandatheist View Post
yes I read it.
Let me guess, she has to choose between a vampire and a djinn?
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Old 11th August 2010, 06:41 PM   #16
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Originally Posted by Number Six View Post
Matthew Simmons was on the wrong side of a very foolish (for him) long term public bet that will be settled on Jan 1, 2011.

http://en.wikipedia.org/wiki/Simmons...%93Tierney_bet
I think that might explain his unexpected death.
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Old 11th August 2010, 07:12 PM   #17
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Originally Posted by ectoplasm View Post
I think that might explain his unexpected death.
Are you suggesting suicide so he wouldn't have to pay out for his bet? He has plenty of money to cover for it (currently in escrow) and its almost certain that he would have lost the bet as its very unlikely the price of oil will go up from $77.35 to $200 in the next 4 1/2 months.
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Old 11th August 2010, 07:13 PM   #18
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Originally Posted by MikeMangum View Post
Let me guess, she has to choose between a vampire and a djinn?
The little known prequel of the Twilight Saga
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Old 11th August 2010, 08:47 PM   #19
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Originally Posted by ectoplasm View Post
I think that might explain his unexpected death.

What? He was going to lose handily.
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Old 11th August 2010, 09:10 PM   #20
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Originally Posted by Travis View Post
What? He was going to lose handily.
yes and he didn't want to face the music.
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Old 12th August 2010, 02:25 AM   #21
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Originally Posted by portlandatheist View Post
yes I read it.
And...?


~~~~~~~~

Another tribute, at The Oil Drum, outlining more of Matt's important contributions to our understanding of the world's oil supply - some interesting comments follow the article:


Matt Simmons, Author of "Twilight in the Desert" and Peak Oil Speaker, Dies at Age 67



Thanks, in advance, for any further intelligent, thoughtful contributions to this thread
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Last edited by JihadJane; 12th August 2010 at 04:25 AM.
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Old 12th August 2010, 09:07 AM   #22
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Hubbert came up with the idea of peak oil in 1956. It wasn't Simmon's idea, he just used it for grandstanding. He did have a point about how vague our knowledge of oil reserves is, and there is an incentive for countries to overstate reserves. I will give him credit for that.

Judging from Simmon's comments on the BP oil spill he'd lost the plot some time ago.
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Old 12th August 2010, 11:55 AM   #23
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Originally Posted by portlandatheist View Post
Are you suggesting suicide so he wouldn't have to pay out for his bet? He has plenty of money to cover for it (currently in escrow) and its almost certain that he would have lost the bet as its very unlikely the price of oil will go up from $77.35 to $200 in the next 4 1/2 months.
That wouldn't do it. The price has to average >= $200/barrel for 2010.
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Old 12th August 2010, 06:44 PM   #24
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Originally Posted by MikeMangum View Post
That wouldn't do it. The price has to average >= $200/barrel for 2010.
Good point. I'm too lazy to do the math right now but in order for him to win the bet oil prices would have to be somewhere in the neighborhood of $500/barrel from now to the end of the year for him to have won the bet.
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Old 12th August 2010, 06:49 PM   #25
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Originally Posted by Number Six View Post
Matthew Simmons was on the wrong side of a very foolish (for him) long term public bet that will be settled on Jan 1, 2011.

http://en.wikipedia.org/wiki/Simmons...%93Tierney_bet
He was kinda unlucky with the credit crunch mind.
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Old 12th August 2010, 06:57 PM   #26
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Originally Posted by JihadJane View Post
And...?
I loathe to admit that I liked the same book as you but I did. I agree with ectoplasm. He had a good understanding of the politics of reserve estimates and the situation in Saudi Arabia. It's a fool's errand to predict when peak oil will happen but it will inevitably happen and likely very soon if not already. There's probably one thing we can actually agree on. Where we differ dramatically is in both the consequences and mitigation of the challenge facing us. It's not going to be the end of the world as we know it but we will have to adjust and come up with alternatives, socialism and totalitarianism not being one of the better solutions that many peak oilers seem to think will be a good way to deal with the challenge as evidenced with their love of Cuba as an guiding light of perfection of how society should organize itself.
We will have oil over $200/barrel someday as Simmons predicted but nobody knows when that day will come and it serves all of us for not only the consequences of less oil available than we are used to, but because of global warming, energy independence, and so on. Looking to Cuba for guidance as a shining light and believing 9/11 conspiracy theories, obsessed with the destruction of Israel, and so on as many peak oilers obviously do, will not accomplish anything beneficial for anybody.
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Old 12th August 2010, 07:05 PM   #27
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one less scumbag to worry about
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Old 12th August 2010, 10:03 PM   #28
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Originally Posted by JihadJane View Post
And...?


~~~~~~~~

Another tribute, at The Oil Drum, outlining more of Matt's important contributions to our understanding of the world's oil supply - some interesting comments follow the article:


Matt Simmons, Author of "Twilight in the Desert" and Peak Oil Speaker, Dies at Age 67



Thanks, in advance, for any further intelligent, thoughtful contributions to this thread
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Old 13th August 2010, 04:08 AM   #29
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Good start but then you drifted off what looks like right-wing, paranoid fantasy land.


Originally Posted by portlandatheist View Post
I loathe to admit that I liked the same book as you but I did. I agree with ectoplasm. He had a good understanding of the politics of reserve estimates and the situation in Saudi Arabia. It's a fool's errand to predict when peak oil will happen but it will inevitably happen and likely very soon if not already. There's probably one thing we can actually agree on. Where we differ dramatically is in both the consequences and mitigation of the challenge facing us. It's not going to be the end of the world as we know it but we will have to adjust and come up with alternatives, socialism and totalitarianism not being one of the better solutions that many peak oilers seem to think will be a good way to deal with the challenge as evidenced with their love of Cuba as an guiding light of perfection of how society should organize itself.


Widespread economic collapse appears to have started already and barely any mitigation efforts have begun.

The "peak oilers" focus on Cuba is because, with the collapse of imports from the disintegrating Soviet Union, it experienced an advanced version of what a global decline in energy supplies might look like. It is hard to imagine that the US would have been able to transform its agriculture as effectively as Cuba did in response to its emergency.

Representing this focus as "love" smells like latterday McCarthyist dementia!


Quote:
We will have oil over $200/barrel someday as Simmons predicted but nobody knows when that day will come and it serves all of us for not only the consequences of less oil available than we are used to, but because of global warming, energy independence, and so on.

Looking to Cuba for guidance as a shining light and believing 9/11 conspiracy theories, obsessed with the destruction of Israel, and so on as many peak oilers obviously do [bollocks! - JJ], will not accomplish anything beneficial for anybody.
Why do you feel so threatened by Cuba?





Originally Posted by Thunder View Post
one less scumbag to worry about
In what way was Matt Simmons a "scumbag", Thunder?

Your comment is bizarre and idiotic.
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Old 13th August 2010, 05:04 AM   #30
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Originally Posted by JihadJane View Post
In what way was Matt Simmons a "scumbag", Thunder?

Your comment is bizarre and idiotic.
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Old 21st August 2010, 07:34 AM   #31
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"In the days following Simmon's death some 400 obituaries appeared on the web, on television broadcasts and in hard copy publications around the world. Some of these were written by people and organizations who understand the threat of peaking world oil supplies and praised Matt for his leadership in analyzing and publicizing the issue. Others were written by hostile skeptics who sought to play down his significance or focused on those instances in his voluminous pronouncements where he was wrong. A few even attributed his death to assassination at the hands of the CIA or BP because of recent anti-BP comments on the Gulf oil spill.

Many of the obituaries however were prepared by mainstream and financial news organizations that are either agnostic about peak oil or hold plainly hostile attitudes towards the concept because of the threat a falling oil supply holds for the American way of life or perhaps even to capitalism. Forced to say something because of Simmon's position in the business community, it is interesting to see just how peak oil treated is in the various obituaries that appeared in the financial press.
"

On the Death of Matthew Simmons

by Tom Whipple.
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Old 21st August 2010, 07:42 AM   #32
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Originally Posted by portlandatheist View Post
Are you suggesting suicide so he wouldn't have to pay out for his bet? He has plenty of money to cover for it (currently in escrow) and its almost certain that he would have lost the bet as its very unlikely the price of oil will go up from $77.35 to $200 in the next 4 1/2 months.
Why the heck would anyone with more than two brain cells think that the price of oil would be over $200 by 2011?
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Old 21st August 2010, 07:49 AM   #33
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[quote=JihadJane;6222374]Widespread economic collapse appears to have started already...]

No.
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Old 21st August 2010, 08:38 AM   #34
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Originally Posted by JihadJane View Post
"In the days following Simmon's death some 400 obituaries appeared on the web, on television broadcasts and in hard copy publications around the world. Some of these were written by people and organizations who understand the threat of peaking world oil supplies and praised Matt for his leadership in analyzing and publicizing the issue. Others were written by hostile skeptics who sought to play down his significance or focused on those instances in his voluminous pronouncements where he was wrong. A few even attributed his death to assassination at the hands of the CIA or BP because of recent anti-BP comments on the Gulf oil spill.

Many of the obituaries however were prepared by mainstream and financial news organizations that are either agnostic about peak oil or hold plainly hostile attitudes towards the concept because of the threat a falling oil supply holds for the American way of life or perhaps even to capitalism. Forced to say something because of Simmon's position in the business community, it is interesting to see just how peak oil treated is in the various obituaries that appeared in the financial press.
"

On the Death of Matthew Simmons

by Tom Whipple.
So?
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Old 22nd August 2010, 05:02 PM   #35
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Originally Posted by JihadJane View Post
In what way was Matt Simmons a "scumbag", Thunder?
His friends include at least one sexual predator.

He could have kept better company.
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Old 22nd August 2010, 11:37 PM   #36
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Originally Posted by Sword_Of_Truth View Post
His friends include at least one sexual predator.

He could have kept better company.
It gets even worse. Michael Ruppert is also a truther.
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Old 24th August 2010, 08:19 AM   #37
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Originally Posted by portlandatheist View Post
It gets even worse. Michael Ruppert is also a truther.
I'm sure you will have educated yourself about the case against him. Otherwise you yourself might be mistaken for a gossip truther, a fate worse than measles!

~~~~~~~~~~~~~~~~~

Peak Oil Workhorse Matt Simmons: 1943-2010
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Old 24th August 2010, 08:32 AM   #38
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Originally Posted by Alt+F4 View Post
Why the heck would anyone with more than two brain cells think that the price of oil would be over $200 by 2011?

What is a dollar actually worth?
How many bills would you have to burn to get your car to go a mile?
How many hundred dollar bills?
Is the energy content of a $100 bill any higher than that of a $1 bill?

How many promissory notes a gallon of oil is "worth" is a matter for buyer and seller to arrange.
One more offshore screwup, possibly eight well placed bombs along thousands of miles of pipeline and one Iranian tank battalion could double that $200 in a week.
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Old 24th August 2010, 09:32 AM   #39
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Old 24th August 2010, 10:27 AM   #40
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Originally Posted by The Central Scrutinizer View Post
Who?
Originally Posted by paximperium View Post
Who?
Ahem...
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