Was Matt Simmons right?

by Dege Legg

Controversial oil man Matt Simmons last theory raises more than a few eyebrows.

Controversial oil and energy man Matt Simmons, who died over the weekend, was many things: "peak oil" theorist, investment banker, author, presidential adviser and CEO, but he could best be known to future generations - if his last theory proves true - as the man who called BP on the ultimate BS.

Simmons, 67, died at his vacation home in Maine this weekend. An autopsy by the state medical examiner's office concluded that he died from accidental drowning "with heart disease as a contributing factor."

Today the Web is rampant with talk of Simmons' death and his last and most controversial theory: that the capping of the Deepwater Horizon well is nothing short of a "dog and pony" show meant to pacify the public by means of capping an older well in place of the "real" leaking well - located a few miles away. It's a strange shell game of sorts that Simmons claimed BP is foisting on the public. And there are many believers who have taken up his cause in his absence. A number of independent researchers have investigated the BP land and mineral leases and found anomalies regarding the actual coordinates of the well and the respective ROV coordinates, lending some credence to the theory that the capped well may not be the actual leaking well.

Here's the latest rundown in relation to Matt Simmons' most controversial theory in regards to the Gulf spill.