Drawing parallels with the current financial meltdown, Matthew Simmons, the CEO of Simmons & Company International, expresses his alarm about gasoline stocks being the lowest in several decades and refinery production down following recent hurricanes. He warns that if there were a run on the "energy bank" by everyone topping off their gasoline tanks, the U.S. would be out of fuel in three days, and grocery shelves largely emptied in a week. In an interview plus excerpts from his presentation at the Association for the Study of Peak Oil (ASPO-USA) conference on September 22, 2008, Matt highlights the risks and vulnerabilities in the finished oil products system, and answers audience questions. [www.simmonsco-intl.com]
This is the first of several Peak Moment conversations videotaped at ASPO-USA 2008.
Coming: Peak oil-savvy financial consultant Jim Puplava of Financial Sense, and Randy Udall, energy analyst and co-founder of ASPO-USA.
Yuba Gals Independent Media production partners Robyn Mallgren and Janaia Donaldson have been producing local video programs for community access television since 2002.
The Yuba Gals live in rural Nevada City and their business is named for the nearby South Yuba River, a part of the Wild and Scenic river system in California. They live on 160 acres of forest land, in a 1500 square-foot off-grid home using about 10% of the electricity of the average American home (including home office). Their home is heated by a wood stove using deadfall wood from their property. Propane heats the cookstove, on-demand water heater and backup generator (needed only during gray-day periods in winter). Not yet energy independent, but moving in that direction!