Art Berman

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Fatih Birol’s “I Have A Dream” Speech is Wrong

By Art Berman | September 15, 2023

Birol should but will not state that the only solution to climate change is greatly reduce consumption of all energy, not just fossil fuels.

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Energy Aware

Insanity Check on Climate Change

By Art Berman | September 13, 2023

The additional land use for wnd and solar is approximately 24 million square kilometers or an area about the combined size of Russia and Australia. The cost would be more than $51 trillion.

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The Big Lie About Fossil Fuel Subsidies

By Art Berman | September 2, 2023

The IMF’s message is opportunistic, journalistically dishonest and more appropriate to Fox News than to an international opinion leader and supposedly honest broker.

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Energy Blog

Another Oil Meme Bites The Dust: Tight Supply Turns to Oil Surplus

By Art Berman | August 23, 2023

What perplexes me most about mainstream analysts is their certitude about reductionist cause-and-effect axioms that become memes when enough of them repeat what the other said.

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Energy Aware II

The Future of Oil

By Art Berman | August 3, 2023

I do not see any structural reason for longer-term high prices and correlative pressure to increase supply. The correct oil paradigm is supply-driven and price-constrained.

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Energy Aware

We Can’t Handle The Truth About The Human Predicament

By Art Berman | August 1, 2023

Simply switching from fossil fuels to renewable energy is not a solution to climate change, certainly not in our time window of urgency.

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Energy Blog

What The Market Knows About Oil’s Future

By Art Berman | July 27, 2023

The idea that electric vehicles may displace gasoline reflects a fundamental ignorance about the oil refining process. The idea that a green energy transition is reshaping society ignores the way the world really works.

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Energy Blog

Oil’s March to $100 or Just Another Little Rally?

By Art Berman | July 18, 2023

I just don’t see any extraordinary structural change about to happen that is outside of what is normal and expected for oil markets.

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Energy Aware

The Net Effect of Net Zero Will Be Zero

By Art Berman | July 5, 2023

Net Zero is a naive and unscientific fantasy that is largely untethered to physical reality.

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Energy Aware II

Permian Production Will Not Peak Because of Depletion

By Art Berman | July 3, 2023

Goehring and Rozencwajg’s claim of Permian basin depletion is patently false.

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Energy Aware

Unanticipated Consequences of the Energy Transition

By Art Berman | June 23, 2023

An energy transition will have little net effect on society’s material footprint on the planet.

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Energy Aware

Climate Change is Not Debatable

By Art Berman | June 21, 2023

The conclusion is clear: carbon emissions and overshoot of planetary boundaries are unlikely to decrease as long as world GDP and population continue to increase.

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