CNBC Oil Shock

caissie — Sun, 02 Sep 2007 05:52:21 -0400

The U.S. is vulnerable and the government is unprepared for unacceptably high risks of oil supply shock, with Matthew Simmons, Simmons & Co. International chairman; John Kilduff, Fimat USA Energy Risk Management senior vice president and CNBC's Bob Pisani

Matt Simmons (Bloomberg): Peak Oil Now, Oil Perhaps to $300

caissie — Sun, 02 Sep 2007 05:46:32 -0400

Matthew Simmons, chairman of Simmons & Co. International in Houston, talked yesterday with Bloomberg's Rhonda Schaffler about the need to address energy use, his view that global supply has peaked and the likelihood oil prices could reach as much as $300 a barrel. (Source: Bloomberg)