AN INTERVIEW WITH MATTHEW SIMMONS

The start of 2008 has brought with it the first official sighting of $100 oil. I say ”first” because the age of cheap oil is coming to a close. While no one can say with absolute certainty where prices will go from here, the odds are in favor of them moving much, much higher. You can stand by and watch helplessly as your gasoline and other energy costs skyrocket, or you can make the trend your friend and profit from it. As you might have guessed, I’m in the latter camp.

I’m not alone. Matt Simmons is one of the world’s foremost authorities on peak oil. Below is a transcript of a recent conversation he had with Bud Conrad, Casey Research’s chief economist, about the dynamics at the tail end of our petroleum age.

Peak oil is one trend that you don’t want to end up on the wrong side of. Take a minute to read the following interview and you’ll be well ahead of the crowd in understanding this important issue, and better prepared to take advantage of the opportunities the new environment for energy will bring.

Financial Sense