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Friday, July 23, 2010

Matt Simmons interview on BP Gulf disaster

King World News recently interviewed Matthew Simmons for his latest take on the BP Gulf disaster.

You can hear Matt's alarming warnings about the coming fallout from this environmental catastrophe, along with his view of what's really happening in the Gulf and the region, in the interview linked above.

In addition, we also want to examine some of Matt Simmons' claims and his motives for speaking out on this disaster. There's been a lot of talk about Simmons' short position in BP stock (which Matt spoke about in a recent Bloomberg TV interview), along with some questions (including my own) about any conflicts of interest he might have as founder of the Ocean Energy Institute, "a think-tank and venture capital fund addressing the challenges of U.S. offshore renewable energy".

Earlier today, Chris Nelder pointed to this Robert Rapier piece entitled, "Is Matt Simmons Credible?". Rapier outlines what he feels are some of Simmons' more outlandish or incorrect claims regarding the BP disaster and why Simmons may not be the authority on the spill that he presents himself to be.

While I have respect for Simmons and am always interested to hear his views on energy matters, the Rapier post does provide some useful food for thought, especially given the more uncritical questioning Simmons has encountered from many interviewers who are not energy specialists, to say the least.