Everything You Wanted to Know About Peak Oil
Image Credit: Sarah Leen
Paul Kedrosky points us to a powerpoint presentation given by Matthew Simmons, an investment banker specializing in the oil industry, to a recent conference of investment advisors. It is everything that Seth Godin says a powerpoint presentation shouldn't be; the ugliest template MicroSoft could develop and far too many words. It is also 54 slides that lay out the future of fuel clearly and comprehensively- demand is young, supply is old, infrastructure is rusting, suppliers are less and less friendly.