There’s an article at Treehugger that points to a recent presentation by Matthew Simmons (a member of the National Petroleum Council) regarding Peak Oil. Essentially he outlines the insanely dangerous situation we’re currently mired in, how we’re about to be seriously screwed regardless of what we do, and what businesses will suffer the most as a result (i.e. who not to invest in).

I read the entire presentation and I would sum it up the same way Treehugger did, “Everything you wanted to know about Peak Oil”. It is far more thorough and to-the-point than the Wikipedia page and if you thought I had some scary things to say about it then you need to read it and see what the most powerful investment bankers in the world were just informed of. If I were an investment banker that attended this presentation I’d be investing in bunker right now.

My prediction: The U.S. will get its first taste of what Peak Oil is like in August of this year with the oil flow resuming by the end of September. The real Peak Oil apocalypse will hit on the 4th of July, 2008 (a long weekend).