Simmons showed everyone why Saudi has peaked in oil production with his book, Twilight in the Desert: the coming Saudi Oil Shock.
And now he tells us that the Gulf oil leak may be as large as 120,000 barrels per day, which would give us an Exxon Valdez size disaster every couple days. This may seem over the top, but the Government and BP are most certainly lowballing it.
The other suggestion he has is to bomb the well head in order to get the surrounding rock to block the flow. He doesn’t think there is any hope of stopping the heavy flow any other way. And to just let the reservoir empty into the Gulf is an intolerable disaster.
Simmons comes in at 6:07 on the video:
