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WGBH Forum Network; Twilight in the Desert: The Coming Oil Shock

06/12/2006

Twilight in the Desert: The Coming Oil Shock Matthew Simmons, chairman, Simmons & Co. International Oil industry analyst Matthew Simmons draws on his extensive experience in the global energy market to assess the future of Saudi Arabia's oil production capacity. In his new book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, Simmons argues that Saudi reserves could soon face a serious and irreversible decline, and considers what the world will look like when Saudi petroleum reserves peak. How high will prices rise? What impact will shortages have on the growing, energy hungry economies of India and China? Rather than hope for the discovery of new oil resources, Simmons presents a blueprint for a new global economy as the age of cheap oil ends. How important is conservation? Which alternative energy sources are most promising? Matthew Simmons is chairman of Simmons & Company International, a Houston-based investment bank that specializes in the energy industry. He is a member of the National Petroleum Council and the Council on Foreign Relations.


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Series
WGBH Forum Network
Program
Twilight in the Desert: The Coming Oil Shock
Program Number

3131

Series Description

The WGBH Forum Network is an audio and video streaming Website dedicated to curating and serving live and on-demand lectures given by some of the world's foremost scholars, authors, artists, scientists, policy makers and community leaders. These events are hosted by world-class cultural and educational organizations in the Greater Boston area. Through this online service thousands of interested people across the world partake of these lectures from the comfort of their home or office at any time they choose. We are proud of the role we serve in our community, of protecting and projecting the public voice; and of informing and inspiring that public voice to foster deeper understanding of and civic engagement in important issues.

Program Description

TWILIGHT IN THE DESERT: THE COMING OIL SHOCK MATTHEW SIMMONS, CHAIRMAN, SIMMONS & CO. INTERNATIONAL

OIL INDUSTRY ANALYST MATTHEW SIMMONS DRAWS ON HIS EXTENSIVE EXPERIENCE IN THE GLOBAL ENERGY MARKET TO ASSESS THE FUTURE OF SAUDI ARABIA'S OIL PRODUCTION CAPACITY. IN HIS NEW BOOK, TWILIGHT IN THE DESERT: THE COMING SAUDI OIL SHOCK AND THE WORLD ECONOMY, SIMMONS ARGUES THAT SAUDI RESERVES COULD SOON FACE A SERIOUS AND IRREVERSIBLE DECLINE, AND CONSIDERS WHAT THE WORLD WILL LOOK LIKE WHEN SAUDI PETROLEUM RESERVES PEAK. HOW HIGH WILL PRICES RISE? WHAT IMPACT WILL SHORTAGES HAVE ON THE GROWING, ENERGY HUNGRY ECONOMIES OF INDIA AND CHINA? RATHER THAN HOPE FOR THE DISCOVERY OF NEW OIL RESOURCES, SIMMONS PRESENTS A BLUEPRINT FOR A NEW GLOBAL ECONOMY AS THE AGE OF CHEAP OIL ENDS. HOW IMPORTANT IS CONSERVATION? WHICH ALTERNATIVE ENERGY SOURCES ARE MOST PROMISING? MATTHEW SIMMONS IS CHAIRMAN OF SIMMONS & COMPANY INTERNATIONAL, A HOUSTON-BASED INVESTMENT BANK THAT SPECIALIZES IN THE ENERGY INDUSTRY. HE IS A MEMBER OF THE NATIONAL PETROLEUM COUNCIL AND THE COUNCIL ON FOREIGN RELATIONS.

Asset Type

Broadcast program

Media Type

Video

Genres
Event Coverage
Citation
Chicago: “WGBH Forum Network; Twilight in the Desert: The Coming Oil Shock,” 06/12/2006, WGBH Media Library & Archives, accessed December 5, 2016, http://openvault.wgbh.org/catalog/V_5BD2557198464E8CBCDD87B6A2E25644.
MLA: “WGBH Forum Network; Twilight in the Desert: The Coming Oil Shock.” 06/12/2006. WGBH Media Library & Archives. Web. December 5, 2016. <http://openvault.wgbh.org/catalog/V_5BD2557198464E8CBCDD87B6A2E25644>.
APA: WGBH Forum Network; Twilight in the Desert: The Coming Oil Shock. Boston, MA: WGBH Media Library & Archives. Retrieved from http://openvault.wgbh.org/catalog/V_5BD2557198464E8CBCDD87B6A2E25644
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