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September 22, 2008 · 12:58PM

FEATURE: Matt Simmons, Peak Oil’s Prophet

With crude oil posting its biggest one-day gain ever today, there may soon be more converts to the views of Matt Simmons. The investment banker to the energy industry and one of the leading voices of the peak oil movement says $500 a barrel oil is coming. (Fortune)

Categories: Business & Finance Today · Energy, Environment · Markets, Economic News

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