Friday, November 02, 2007

Crude Realities with Matt Simmons.

Interesting interview, particularly the fact that the CNBC anchor, Becky Quick, keeps overtly referring to "peak oil".

Sea change? I think so.

$100 oil will do that to you, I suppose, as will Matt Simmons' calculations that fair value for oil is, oh, around $300 a barrel or so.

CNBC: Crude Realities.