Matt Simmons, oracle of oil, on CNBC last Friday, July 12, 2008, in the midst of the banking melt down.

The most interesting thing in this video is not what Simmons says, though he is more alarmed than usual, but rather how stunned the MSNBC crew appear to be. Most alarming though is the in-house expert who, though just doing his job I suppose in helping viewers to supposedly make a buck, basically seems unable to grasp the larger systems implications of a new energy future.

Glen Hiemstra is a futurist speaker, consultant, blogger, internet TV show host and founder of Futurist.com. To arrange for a speech contact Futurist.com.