Twilight in the Desert

This is an interview with Matt Simmons author of the book in the title of this post. He is also an energy analyst and I found this good interview.

His points were to stay away from the majors (BP, Exxon, Shell etc.) and to focus on the service companies like SLB, RIG, and BHI. He also likes Chesapeake (CHK) because of its management.

I read his book last year and found it very technical but it raised a lot of questions about OPEC's stated reserves. The more I've followed this peak oil theme, the more I realized that's its about the flow rates or production rates and not necessarily about the reserves.

Take a reading of the interview: http://www.financialsense.com/editorials/casey/2008/0109.html