We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields]. — Matthew Simmons Copy Share Image
Saudi Arabian oil production is at or very near its peak sustainable volume (if it did not, in fact peak almost 25 years ago), and is likely to go into decline in the very foreseeable future. There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the… — Matthew Simmons Copy Share
We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing… — Matthew Simmons Copy Share Image
![“We've run out of good projects. This is not a money issue... If these oil companies had fantastic projects, they'd be out there [developing new fields].” quote by Matthew Simmons](https://sms4smile.com/quotes/img-quotes/150/matthew-simmons-83098_company_we-ve-run-out-of-good-projects-this-is-n_1770809.jpg)
![“We need to find three Saudi Arabias just to offset [the] decline.” quote by Matthew Simmons](https://sms4smile.com/quotes/img-quotes/b7e/matthew-simmons-83098_decline_we-need-to-find-three-saudi-arabias-just_1387964.jpg)