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Energy Forum #4
Twilight in the Desert
Matt Simmons
Tuesday June 20
6:00 - 8:30 p.m.
Doubletree Hotel, 300 Army Navy Drive, Crystal
City, VA
Registration
form
Directions
to hotel
With over 260 billion barrels of
proven oil reserves, a quarter of the world's
total, Saudi Arabia is not only the top foreign
supplier to the world's largest energy consumer
– the United States -- but also essentially
the sole source of liquidity in the world oil
market. According to the Department of Energy's
Energy Information Administration (EIA), the world
will become more dependent upon Saudi Arabian
oil in the next two decades. To meet global demand
for oil, Saudi Arabia will need to produce 13.6
million barrels a day (mbd) by 2010 and 19.5 mbd
by 2020. Both the International Energy Agency
and EIA assume Saudi oil output will double over
the next 15 to 20 years.
Matthew R. Simmons, Chairman of the Simmons
& Company International, a specialized energy
investment banking firm, and author of Twilight
in the Desert , contends that this is
unlikely. He argues that Saudi Arabia's oil fields
now are in decline, that the country will not
be able to satisfy the world's thirst for oil
in coming years and that its capacity will not
climb much higher than its current capacity of
10mbd. Considering the growth in demand, this
could easily spark a global energy and economic
crisis.
Event items 
Mr.
Simmons' Presentation (8M ppt)
Event
transcript
Announcement
Further information about Mr.
Simmons
Biography
Select articles written by Mr. Simmons
Saudi
Arabia - An Oil Bust?(pdf) May 4, 2006 article
The World's
Giant Oilfields (pdf)
Revisiting
The Limits to Growth: Could The Club of Rome Have
Been Correct, After All? (pdf)
Recent
speeches and papers by Mr. Simmons (website)
Additional resources
Reaction to this presentation from Jan
Lundberg of CultureChange.org. The
Maturation of Matt Simmons, energy-industry investment
banker and peak oil guru - pdf or link
to blog page. Energy
Consensus website
_______________________________________________________
Upcoming Event
December
12 - Amory Lovins, Rocky Mountain Institute - Winning the Oil Endgame
_______________________________________________________
2006 Calendar
March 27 - R. James
Woolsey, Former Director of the CIA -
Energy, Security and the Long War of the 21st
Century
April 24 - Congressman Roscoe Bartlett and Dr.
Robert Hirsch, SAIC Averting a Liquid Fuels Crisis from "Peak Oil"
May 22 - Jeremy
Rifkin -
The Hydrogen Economy
June 20 - Matt Simmons - Twilight in the Desert
July 17 - Dr. Michael
Pacheco and Suzanne Hunt - Biofuels' Potential,
Risks and Implications - National and Global Perspectives
Sept 18 - Retired Navy
Admiral Frank L. "Skip" Bowman (USN, Retired) - Nuclear Energy 2006: Status and Outlook
October 16 - Scott Sklar
and Dr. Robert Birkmire - Solar: Photovoltaic
Advance in System Application for Critical Functions..
November 13 - Brian Appel, Changing World Technologies, Inc. - Thinking Differently About Energy Sources - A
Paradigm Shift - From Waste To Fuel
December
12 - Amory Lovins, Rocky Mountain Institute - Winning the Oil Endgame
2007 Calendar
January 16- Charles R. Zimmerman, Walmart - Why
the World's Largest Retailer is so Obsessed with
Energy.
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For more information, contact energy@cna.org
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