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wcaseym (44.29)

A scenario for the next year or two - by Matt Simmons



July 18, 2008 – Comments (0)

... the US would keep dropping its inventories (of oil) and feeling good about it, which would be followed by a shortage, which would, in turn, lead to “a run on the banks so fast your eyes would spin. This is when everyone tops up their tank. We haven’t run out of oil, but we could literally run out of usable diesel and gasoline and then we would have the Great American Disaster, because within a week we’d have run out of food”.

 ... in Simmons we trust!


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