Matthew Simmons Quotations

We need to find three Saudi Arabias just to offset [the] decline.

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].

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.

For the first time in our lifetime, we are out of any form of spare capacity. It is a different energy world we live in today.

The 'twilight' of Saudi Arabian oil envisioned in this book is not a remote fantasy.

We've been beaten (in title games) twice now -- both times by Porter-Gaud. We've gotten there again and now we have to handle our business.

Everyone keeps thinking there is a (price) ceiling...There is no ceiling,

It would surprise me if it became a big source (of financing).

It was the only way to survive the era of unbelievably cheap oil.

I am very concerned, given the destructive damage done by (Hurricanes) Katrina and Rita, that the United States must be closer to starting to see significant product shortages than we've seen since 1979.