Art Berman

Energy Aware II

Art Berman Newsletter: May 2021 (2021-4)

By Art Berman | May 5, 2021

I don’t know if our leaders are incapable of understanding or simply unwilling to publicly state the obvious: significant decarbonization without radical changes in global living standards and population is delusional.

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Energy Blog

The Great Artificial Oil Price Rally

By Art Berman | April 21, 2021

Markets are not nearly as suggestible as most analysts and investors. They are cheap and hate to over-pay.

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Energy Blog

The Oil Price Rally Is Over

By Art Berman | April 6, 2021

The rally was over a few weeks ago but until late last week, there was hope it might resume its upward momentum. That seems unlikely for now.

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Energy Aware

Super-Cycle Silliness: Why Oil Prices Will Not Increase Much Further

By Art Berman | April 1, 2021

Monthly oil prices have nearly quadrupled since April 2020 and that has some analysts talking about an oil super-cycle. What nonsense.

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Energy Aware II

Art Berman Newsletter: April 2021 (2021-3)

By Art Berman | April 1, 2021

We’re near the end of a price increase that began at less than zero back to the where prices were before the pandemic. That’s a recovery not a rally.

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Energy Aware

Texas Power Grid Train Wreck

By Art Berman | March 3, 2021

The obvious conclusions from this crisis are that 27% reliance on wind is a big risk and that Texas’s unregulated electric grid system is a train wreck.

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Energy Aware II

Art Berman Newsletter: March 2021 (2021-2)

By Art Berman | March 3, 2021

The obvious conclusions from this crisis are that 27% reliance on wind is a big risk and that Texas’s unregulated electric grid system is a train wreck.

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Energy Aware II

Art Berman Newsletter: February 2021 (2021-1)

By Art Berman | February 5, 2021

2020 has been the most tumultuous year for oil markets and prices of  my career. Despite that, my calls have been quite accurate.

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Energy Blog

Natural Gas Amateur Hour: The Supply Shortage That Never Was

By Art Berman | January 22, 2021

The idea that gas price might soar this winter because of lower production reflected a profound misunderstanding of how natural gas markets work. It was natural gas amateur hour.

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Energy Blog

Oil Price Spike Next Blow To Economy: Petroleum Expert Art Berman Issues Warning

By Art Berman | January 16, 2021

Many of the wells that were turned off were not shale wells and they’ll never be turned on again.

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Energy Blog

DUC2K: Drilled Uncompleted Wells Won’t Save U.S. Oil Production

By Art Berman | January 15, 2021

It doesn’t matter whether wells are newly drilled and completed or DUCs—there are simply too few wells being added to maintain present levels of production.

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Energy Blog

MacroVoices Art Berman: U.S. Oil Production Still Set for Steep Decline in 2021

By Art Berman | January 8, 2021

Podcast Slide Deck

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