If he is right - we are in deep oily doo-doo!Matt Simmons Houston-based company has been the leading investment bank to the US oil industry for a long time, financing exploration and drilling in places like the Gulf of Mexico. Simmons, 68, recently retired from day-to-day management of the company. For much of the decade he has been what may be described as a peak oil activist. His 2005 book, Twilight in the Desert, warned the public that Saudi Arabia's oil production had reached its limits and, more generally, that an oil-dependent world was entering a zone of serious trouble over its primary resource. He took this aggressive stance despite risking the ire of the people he did business with.
Simmons's current warning about the situation focuses on the gigantic "lake" of crude oil that is pooling under great pressure 4000 to 5000 feet down in the "basement" of the Gulf's waters. More particularly, he is concerned that a tropical storm will bring this oil up - as tropical storms and hurricanes usually do with deeper cold water - and with it clouds of methane gas that will move toward the Gulf shore and kill a lot of people. (I really don't know the science on this and welcome any reader to correct me, but I suppose that the oil "lake" deep under the Gulf waters contains a lot of methane gas dissolved at pressure, and that as the oil rises toward the ocean's surface, and lower pressures, the gas will bubble out of solution.)Simmons makes two additional points that are pretty radical: he says that several states along the Gulf ought to begin systematic evacuations in counties along the shore now. From his experience in Houston with Hurricane Rita (2005), he says a last-minute evacuation is bound to be a disaster -- the highways jammed hopelessly, drivers ran out of gas, and then the gas stations ran out of gas. Based on where the nation's collective state-of-mind is these days, I can't imagine that any Gulf state governor or mayor will heed this warning and begin preparing an evacuation now. (The practical problems are obvious for householders but what if it really is a matter of life and death?)Secondly, Simmons maintains - as he has from near the beginning of the blowout - that the US military should take over operations from BP and ought to set off a "small" nuclear device down in the well-bore to fuse the rock into glass and seal the site permanently.
Monday, July 19, 2010
Dire predictions
What If He's Right? by James Howard Kunstler:
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peak oil
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