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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

April 27th 2010:Peak Oil. Are the Lights About to Go Out on Western Civilization?

Most of the large readily-accessible oil reserves in the world have been discovered and many of them have rapidly declining levels of production. This comes at a time when global wealth is shifting to the most highly populated countries in the world. Where will petroleum supplies come from to meet surging global demand? We have long thought Saudi Arabia could provide endless supplies, but our special gust this week, Matt Simmons suggests the prolific oil fields of that nation are not only in rapid decline but that the supplies Americans assume still exist may no longer be extractable. Might ne

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Matthew Simmons

Matthew Simmons, chairman and CEO of Simmons & Company International, is a prominent oil-industry insider and one of the world's leading experts on the topic of peak oil. Simmons was motivated by the 1973 energy crisis to create an investment banking firm catering to oil companies. In his previous capacity, he served as energy adviser to U.S. President George W. Bush. Matthew Simmons is a member of the National Petroleum Council and the Council on Foreign Relations. He believes a careful assessment of Saudi Arabian oil reserves is the most significant issue shaping petroleum politics. Simmons is the author of the book Twilight in the Desert: The Coming Saudi Oil Shock and the World Eco
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https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times 19/11/2017 05:00 19/11/2017 06:00 Turning Hard Times into Good Times https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times Most of the large readily-accessible oil reserves in the world have been discovered and many of them have rapidly declining levels of production. This comes at a time when global wealth is shifting to the most highly populated countries in the world. Where will petroleum supplies come from to meet surging global demand? We have long thought Saudi Arabia could provide endless supplies, but our special gust this week, Matt Simmons suggests the prolific oil fields of that nation are not only in rapid decline but that the supplies Americans assume still exist may no longer be extractable. Might new technologies provide a solution? If not, what will it mean for our living standards and America’s position in the world as a global super power. These and more questions will be asked of peak oil theorist, Matt Simmons. Also to be interviewed are the CEOs of an emerging uranium and a coal producer. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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