Presentations & Publications

My goal is to offer clear and direct explanations of energy reality. These presentations and webcasts are data-driven interpretations of oil and gas topics that often challenge conventional thinking.
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MacroVoices Art Berman: Crude Oil Special

Erik Townsend welcomes Art Berman to MacroVoices. Erik and Art discuss:

  • Perspective on OPEC and the 9-month extension on production cuts
  • OPEC’s goal to keep a floor under oil prices
  • Positioning of oil traders since February
  • Reasons for lower oil prices
  • Putting U.S. production into perspective
  • Where does comparative inventory price Brent and WTI
  • Inventory data and forecasts
  • Impact of capital markets and central bank policy
  • Early recovery from oil price collapse
  • Correlation of U.S. debt to tight oil
  • Term structure of the crude oil markets

Download the Slide Deck:

MacroVoices Slide Deck 31 May 2017

Play the Interview (Part One)

Play the Interview (Part Two)

Link to MacroVoices Website

MacroVoices Art Berman: Crude Oil Special Part 1

Erik Townsend welcomes Art Berman to MacroVoices. Erik and Art discuss:

  • Perspective on OPEC and the 9-month extension on production cuts
  • OPEC’s goal to keep a floor under oil prices
  • Positioning of oil traders since February
  • Reasons for lower oil prices
  • Putting U.S. production into perspective
  • Where does comparative inventory price Brent and WTI
  • Inventory data and forecasts
  • Impact of capital markets and central bank policy
  • Early recovery from oil price collapse
  • Correlation of U.S. debt to tight oil
  • Term structure of the crude oil markets

Play the Interview:

Peak Prosperity Interview: Don’t Get Used To Today’s Low Oil Prices

This interview with Peak Prosperity’s Chris Martenson explores the oil price shock that is coming a few years in the future.

There is no conflict between this future view and my current belief that oil prices will probably remain in the $40-$55 range for the near term.

For at least the next year, the focus will be working through existing inventory surpluses while controlling output. Until that happens, there is little chance that oil prices will break out of the range boundaries that have existed for the last two years. Geopolitical supply interruptions could change that scenario and I am watching the unfolding crisis in Venezuela very closely.

At the same time, the lack of investment in E&P projects outside of shale plays will have profound implications for future supply.

“Don’t Get Used To Today’s Low Oil Prices” is in part about that future likelihood.