How Peak Is Our Oil?

Matthew Simmons defends peak oil against the oil optimists:

In my view, while Yergin, Lynch, Morse, and Jaffe, are articulate in their theories, none seem to have any strong sense of the brutally grim reality of today's oil markets. The facts speak for themselves: Oil flows have peaked, technology is now mature, the people running the industry are far too old, and few top-notch graduates are interested in embarking on a career in such a volatile field.

He wants a third-party audit of oil fields to help prove oil has peaked. Good luck getting the Saudis to agree to that.