Matthew Simmons
| Matthew R. Simmons | |
|---|---|
Historical photo of Matthew Simmons
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| Born |
Matthew Roy Simmons April 7, 1943 Kaysville, Utah, U.S. |
| Died | August 8, 2010 (aged 67) North Haven, Maine, U.S. |
| Occupation | Investment banker, author |
| Spouse(s) | Ellen Christine Loungee |
| Children | 5 daughters |
| Parent(s) | Roy William Simmons & Elizabeth Ellison |
Matthew Roy Simmons (April 7, 1943 – August 8, 2010) was founder and chairman emeritus of Simmons & Company International, and was a prominent figure in the field of peak oil. Simmons was motivated by the 1973 energy crisis to create an investment banking firm catering to oil companies. He served as an energy adviser to U.S. President George W. Bush and was a member of the National Petroleum Council and the Council on Foreign Relations.
Simmons, who lived in Houston, Texas, died at his vacation home in North Haven, Maine, on August 8, 2010, at the age of 67. The cause of death was ruled "accidental drowning with heart disease a contributing factor".
Simmons was the author of the book Twilight in the Desert, published in 2005. His examination of oil reserve decline rates helped raise awareness of the unreliability of Middle East oil reserves. He gave numerous presentations on peak oil and water shortages.
Simmons believed that the Club of Rome predictions are more accurate than usually acknowledged.
Simmons was the founder of the Ocean Energy Institute in Maine. His vision was to make Maine a leader in energy from offshore wind and ocean forces. The Ocean Energy Institute ceased operations in 2011.
In his book, Simmons argues that production from Saudi Arabia and especially from Ghawar—the world's largest oil field—will peak in the near future, if it has not done so already. Simmons bases his case on hundreds of internal documents from Saudi Aramco, professional journals and other authoritative sources. However, by 2016, Saudi production had increased by more than one million barrels per day.
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Wikipedia