Matt Simmons predicts $300 oil "sooner than we think".

[Bill]

Your basic good video from the biggest oil investment banker on the planet.

This is from a CNBC "Fast Money" show.

Mentions arctic oil, canadian oil sands, club of rome, and more.

About arctic oil - "we've run out the clock. Even if it's there it will take twenty years to bring it online."

Final line "... the bottom line is we never should have let china and india grow.".

http://www.youtube.com/watch?v=ECmelqdNyE4

[kres24GT]

Excellent news for America. The only way politcians can fuck this is up is to start subsidizing American's ability to buy gasoline. Otherwise alternative fuels are almost a certainty with 200-300 dollars a barrel.

[Moby]

even with evidence such as this I find it amazing that the President's approval rating isn't at 1%. Outside of being afraid of shadows and getting tax cuts for making over $350k a year, what could you possibly be happy about?