Matthew Simmons (1943 – 2010)

Matthew Simmons was on the wrong side of a very foolish (for him) long term public bet that will be settled on Jan 1, 2011.

http://en.wikipedia.org/wiki/Simmons%E2%80%93Tierney_bet
I would have thought that his 8000 BP share short sale scheme would have covered it.

Current price is around $34 and he short-sold at $37 and $48 a couple of months ago i.e. $340K total with a current potential gross profit of $68,000.

This may well explain the idiotic statements he had been making recently about the Deepwater Horizon spill.
 
This may well explain the idiotic statements he had been making recently about the Deepwater Horizon spill.

He says he talked over the weekend with scientists on board the Thomas Jefferson, a research boat used by the National Oceanographic Administration.

The chat confirmed his suspicion that the leak that BP is focusing on at the “riser” is not the problem. The real problem is a gaping hole at the “well head,” 8 miles away.

“The riser leak is a deception,” says Simmons. “The hole is in the well head — it’s the well bore.”

How did he ever figure the riser was 8 miles from the wellhead? He was clearly off his rocker.
 
Michael C. Ruppert is 9/11 truther celebrity and Simmons is a peak oil celebrity. He's also a republican and has worked with Bush and company which for some very odd ironic reason, gives him extra clout with people like JJ

Ruppert is also a sex pest and been conned by a nutjob conman.

Simmons had some idiotic utterings recently. Real schoolboy stuff.
 

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