Art Berman
To cut or not to cut, that is the question. I’m talking about OPEC, not the Federal Reserve—but both groups should read Hamlet’s soliloquy and contemplate the perils of hubris.…
Read More
Tom Steyer has an impossible dream. “We are going to electrify the planet…We’re going to get off fossil fuels.” Tom Steyer He’s written a book called Cheaper, Faster, Better: How…
Read More
Natural gas prices have gotten so low that many companies are curtailing production. Last week’s average spot price of $1.88 per million British thermal units (mmBtu) was 31 percent below…
Read More
Many oil analysts believe that global oil supplies are tight, but markets don’t agree with them. In fact, markets haven’t indicated any signs of scarcity since the energy shocks that…
Read More
When it comes to the debate between renewables and fossil fuels, almost everyone is a fanboy or fangirl. Inevitably, comparisons of power density, EROI, or cost among energy sources turn…
Read More
The risk of global conflict has increased to its highest level in decades because of recent events in the Middle East. The targeted killings of Hamas leaders in Tehran and…
Read More
Events in the Middle East suggest far more than the “challenging days ahead” mentioned by Israeli Prime Minister Benjamin Netanyahu. Iran was humiliated by a security failure that allowed the…
Read More
The prevailing opinion among analysts is that a tighter market in the third quarter of 2024 will push oil prices higher as demand exceeds supply. I’m skeptical of those bullish…
Read More
Populism is on the rise around the world. It disrupts established political systems, creates uncertainty, and deepens societal divisions. This fundamental crisis of governance and the social contract is Nate…
Read More
Populism is on the rise around the world. It disrupts established political systems, creates uncertainty, and deepens societal divisions. This fundamental crisis of governance and the social contract is Nate…
Read More
People talk about addiction to oil but we’re also addicted to electric power. I’m speaking from personal experience. Hurricane Beryl left over two million people in the Houston area without…
Read More
How did adoption of renewable energy become the drug of choice to treat the disease of climate change? No one knows. Wind and solar energy policies evolved over several decades…
Read More