Oil Expert Matt Simmons: “We’re going to have to evacuate the gulf states, can you imagine evacuating 20 million people? This story is 80 times worse than I thought.”

I’ve posted a few articles on oil expert Matt Simmons’ take on the Deepwater Horizon catastrophe.  The problem now is bad weather is moving in to complicate matters due to a tropical wave in the Caribbean that might move into the gulf.  I personally don’t know enough about how likely an evacuation could be and … Continue reading

Is nuking the hole in the gulf the only option to close down the spill?

The spill is an unprecedented ecological and economic disaster and oil expert Matt Simmons has more comments on it. He says that the amount of oil being spilled daily into the gulf is still being underestimated.  He says there’s got to be an open hole in the bottom of the ocean that is spewing 150,000 … Continue reading

Peak Oil: The real reason behind deep water drilling

  Peak Oil is a concept that’s been a cause of concern over the past few years.  It’s basically a reference to the steady decline in oil supplies after production levels peak.  There are a variety of studies out on this and various estimates of when this will occur, but most estimates put Peak Oil … Continue reading