For Immediate Release
‘ADJUSTING TO THE END OF CHEAP OIL’:
BANKING LEADER EYES ACTIONS FOR U.S, ROCKIES
Matthew Simmons’ firm one of largest energy investment companies in the world
COLORADO SPRINGS, Colo. – Feb. 27, 2007 – Matthew R. Simmons, chair of one of the largest energy investment groups in the world and author of “Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy,” will examine solutions to the spiraling energy costs pinching U.S. consumers when he presents an upcoming lecture at Colorado College.
Simmons, chair of the energy banking firm Simmons and Company International, will present “Adjusting to the End of Cheap Oil: What Should the U.S. and the Rockies Do?” at 7:30 p.m. on Monday, March 5 in Gates Common Room, on the third floor of Palmer Hall, 1025 N. Cascade Ave., on the Colorado College campus. The event, which is the last in the lecture series Energizing the Rockies: Energy Challenges in Global, National and Regional Perspectives, is free and open to the public. The series is a preamble to Colorado College State of the Rockies Project events, which this year will include awarding of the first Champion of the Rockies Award to media giant/major Rockies land owner/rancher Ted Turner on April 3; the release of the 2007 State of the Rockies Report on April 9, and the annual State of the Rockies Conference April 9-11. For more information on those events, visit www.ColoradoCollege.edu/StateoftheRockies.
Simmons entered energy banking when he opened a small investment bank/advisory firm in Boston. Among his early clients were several sub-sea service companies. By 1973, almost all of his clients were oil-service companies. Following the 1973 Oil Shock, Simmons decided to create a Houston-based firm to concentrate on providing highest-quality investment banking advice to the worldwide oil service industry. Over time, the specialization expanded into investment banking covering all aspects of the global energy industry.
Today Simmons & Company International has approximately 145 employees
and enjoys a leading role as one of the largest energy investment banking groups
in the world. Its offices are in Houston, Texas; London, England; Boston, Massachusetts;
and Aberdeen, Scotland.
The firm has completed approximately 629 investment banking projects for its worldwide energy clients at a combined dollar value in excess of $84 billion.
Simmons’ recently published book “Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy” has been listed on the Wall Street Journal’s best-seller list. Simmons has also published numerous energy papers for industry journals and is a frequent speaker at government forums, energy symposiums and in boardrooms of many leading energy companies around the world.
Simmons was raised in Kaysville, Utah. He graduated cum laude from the University of Utah and earned an MBA with Distinction from Harvard Business School. He served on the faculty of Harvard Business School as a research associate for two years and was a doctoral candidate. Simmons is past chairman of the National Ocean Industry Association. He serves on the Board of Dean’s Advisors of Harvard Business School and is a member of the National Petroleum Council, Council on Foreign Relations and The Atlantic Council of the United States
For information, directions or disability accommodation at the event, members of the public may call (719) 389-6607.
About Colorado College
Colorado College is a nationally prominent, four-year liberal arts and sciences college that was founded in Colorado Springs in 1874. The college operates on the innovative Block Plan, in which its 1,945 students study one course at a time in intensive 3½-week blocks. For more information, visit www.ColoradoCollege.edu.