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Journal nutznboltz's Journal: the Internet is the equivalent of SUVs

Matthew Simmons is the CEO of the world's largest Energy Investment Bank, Simmons & Company International. It has a web site located at www.simmonsco-intl.com. Its clients include Halliburton; Baker, Botts, LLP; Dynegy; Kerr-McGee; and the World Bank. Since 1993, it has underwritten or financed 18 transactions valued at more than $350 million. Of those, six were valued at more than $1 billion. Simmons is a member of the Council on Foreign Relations and serves on the National Petroleum Council's Natural Gas Task Force. He has a lot to say about the Northeast power grid blackout, its causes, and what they imply for the future. He also has a lot to say about Peak Oil and Gas. FTW interviewed Simmons via telephone from his home in Rockport, Maine on August 18, 2003 source

The interview goes on to say this:

If you want to compare [electrical consumption] to vehicles and roadways, air conditioning is the interstate highway system and the Internet is the equivalent of SUVs.

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the Internet is the equivalent of SUVs

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