Wednesday, May 23, 2012

 
 
 

 
 
 
 
 
Oil industry insider: Second, larger Gulf leak could be releasing huge amounts of oil
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Tuesday, June 01, 2010
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From The Big Picture:

... In January 2009 the WSJ called Simmons one of the five most important voices in the oil industry.

Simmons has been wrong in the past and his views are non-conventional and often correct. Simmons is also highly connected within the oil industry so he knows who to talk to verify his claims.

I have no idea if Simmons is right or wrong but his latest claims, laid out in a Bloomberg TV interview Friday (May 28) appear to be nothing short of sensational.

Matt Simmons says “Top Kill” is a sideshow, misses the big problem of a second leak 5 to 7 miles away releasing up to 120,000 barrels/day. Simmons goes on to say we might need nukes to...

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Topics: Energy | Commodities | Cruxallaneous
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