NEW YORK (MarketWatch) — Matthew R. Simmons, 67, founder of the Ocean Energy Research Institute and author of “Twilight in the Desert”, died on Sunday, according to a statement. Simmons supported the theory that the world’s oil supply is running out. He passed away suddenly on Sunday and is survived by his wife, Ellen, and their five daughters. Simmons was the former chairman of Simmons & Company International, an investment banking firm in Houston.
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