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Jack Hidary Jack Hidary
Entrepreneur Posted: August 9, 2010 11:19 AM BIO Become a Fan Get Email Alerts Bloggers' Index
Matt Simmons Dead- Oil Man Who Predicted the End of Oil What's Your Reaction: digg facebook Twitter stumble reddit del.ico.us Inspiring Enlightening Infuriating Scary Helpful Amazing Innovative Adorable Read More: Matt Simmons , Matthew Simmons , Oil , Peak Oil , Twilight In The Desert , Green News
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Matt Simmons passed away today from a heart attack. Matt was the founder of Simmons and Company - on of the leading energy investment banks in the world. Based in Houston, he was a well-respected member of the oil and gas community having brokered hundred of key transactions in the sector.
His book "Twilight in the Desert" detailed his research into the planet's actual remaining oil reserves concluding that we are soon to reach the peak of oil production. He encouraged policy makers to move away from oil dependence.
Last month he officially launched the Ocean Energy Institute http://www.oceanenergy.org/ which will focus on maximizing energy from the ocean including offshore wind and wave energy.
Matt was a man not afraid to speak his mind, even when it did not gel with the view of many of his traditional clients. He was the first to point to the lack of transparency of Saudi and othe oil reserves in the hands of national oil companies.
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