Matthew Simmons quotes

Matthew Simmons quotes

last updated: November 28, 2023

“Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption.”
-- Matthew Simmons

#Years Quotes #Oil Quotes #Saudi Arabia Quotes
“We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].”
-- Matthew Simmons

#Running Quotes #Oil Quotes #Issues Quotes
“We need to find three Saudi Arabias just to offset [the] decline.”
-- Matthew Simmons

#Environmental Quotes #Needs Quotes #Three Quotes

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