Carrie wrote:I just posted another article about his views on PO. He was asked straight out if he agreed with Simmons' view that the Saudi fields are on the verge of decline, and he said he did. He also said something that gave me a chill:"The majors, they talk about plenty of oil and that they can produce more, but if you look at ExxonMobile, ChevronTexaco, BP (British Petroleum), all the production (is) going down every year. They don't replace and they don't add to production, but they say there's plenty of oil around.
"Now why would they say that? One of the chief economists with one of the major oil companies... I was at a conference where he was... we were talking and I asked, why do they say that? And he said, can you imagine what would happen if one of these major oil company's CEO's got up and made a speech and he said, 'We're running out of oil'? I said there'd be panic and he said, 'That's right. They're not going to make the statement. They're going to say there's plenty of oil around"
http://www.evworld.com/view.cfm?section ... toryid=846
A chill is an understatement. Unless he's nuts and gets his kicks out of making stories up (which is extremely unlikely in my opinion) well, what can you say but Oh F*&k!