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This data driven analysis produces hard core insights that can open your eyes to what is actually happening in the energy market. Art produces these posts to be accessible to all.

Because in a world full of energy chaos, knowledge is power.

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IEA’s Staggering Oil Glut is Staggeringly Unlikely

By Art Berman | June 15, 2024

The International Energy Agency (IEA) has become a dishonest broker of information because of its renewable energy bias. This week, it reported that there will be a staggering oil glut…

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It’s Too Late For Renewables

By Art Berman | June 5, 2024

There is no energy transition, no paradigm shift or green revolution. Acknowledging this stark reality sooner rather than later will allow us to focus on devising strategies for managing the…

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The U.S. Will Lose the Economic-Industrial War With China on the Renewable Energy Front

By Art Berman | May 31, 2024

President Biden’s attempt at reviving U.S. industrial policy is likely to fail, as it comes two decades too late to effectively compete with China. The greater concern is that the…

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Energy Aware

A Renewable Energy Transition Violates The Maximum Power Principle

By Art Berman | May 18, 2024

We all want solutions to the world’s many crises but do we understand the underlying problems? Everything in nature, including human society, relies on energy for production, consumption, recycling, and…

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The Biggest Risks of This Decade

By Art Berman | May 11, 2024

Since the 2020 pandemic, many things have changed, but nothing more than geopolitics. Wars and clashes that used to be largely national have given way to more regional conflicts that…

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Energy Aware

The Oil and Energy Macro

By Art Berman | May 2, 2024

U.S. oil reserves reached a new record in 2022. Crude oil and condensate proved reserves exceed 48 billion barrels (Figure 1). Reserves declined from 1969 to 2006 then increased with…

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Energy Blog

Oil Markets Were Unwise But Right in the Israel-Iran Crisis

By Art Berman | April 24, 2024
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The Middle East seemed to be on the brink of war last week and oil prices fell. Was the market wrong? Brent futures price closed at $90.45 per barrel on…

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Energy Aware

Almost Everything is About Oil in the Middle East

By Art Berman | April 18, 2024
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Perhaps the most extraordinary part of Iran’s April 13 attack on Israel was that it was countered by a coalition that included Jordan, Saudi Arabia and the United Arab Emirates…

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Europe’s Metacrisis Just Got Worse

By Art Berman | April 14, 2024

The latest conflict between Iran and Israel just made Europe’s already precarious energy and economic situation a lot worse. Many analysts and politicians are celebrating Europe’s resilience after losing its…

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Energy Aware

Radical Acceptance of the Human Predicament

By Art Berman | April 6, 2024

How will climate change and destruction of the natural world affect the future? No one knows for sure but most-likely outcomes don’t look very good unless we do something radically…

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Energy Blog

What the Oil and Commodity Bulls Are Missing

By Art Berman | March 24, 2024

The oil bulls have come out of hibernation. Last week, the IEA (International Energy Agency) raised its oil demand forecast. This week, the EIA (U.S. Energy Information Administration) increased its…

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Technology and Innovation are Overrated–Implications for AI

By Art Berman | March 18, 2024

Technology and innovation are overrated. They are the twin messiahs that are supposed to save us from ourselves if we only believe and pray hard enough. They won’t and there’s…

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