Oil prices remain stubbornly high. Daniel Yergin from CERA has an opinion piece published in the WSJ: There Will Be Oil. The Peak Oil community react in depth. Bonus : Robert McFarlane in the NYT on flex-fuel for energy security.
Matt Simmons, investment banker to the oil industry, has passed away unexpectedly. (Previously, previously) Simmons was a vocal proponent that peak oil is at hand and authored an influential analysis of Saudi oil reserves that lends credence to his view. An energy policy advisor to Dick Cheney, and regular on financial media, Simmons believed emergency action to counter peak oil is required, beginning with independent audits of global reserves.[PDF] [more inside]
A Saudi Prince tells America to give up futile dreams of energy independence. Op-Ed in the NYT says Peak Oil is a waste of energy and an illusion. Meanwhile, the OECD's energy advisors, the IEA are saying cheap oil will run out in ten years, a decade sooner than estimates made as recently as 2007.