Energy Blog

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.

Read More
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.

Read More
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.

Read More
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

Read More
Energy Blog

How High Will Oil Prices Go? What the Market Knows

By Art Berman | December 1, 2020

The market knows that investment is needed immediately. The consequences of ignoring what the market knows may be economically disastrous for a struggling world economy.

Read More
Energy Blog

Stop Expecting Oil and the Economy to Recover

By Art Berman | September 3, 2020

It is unlikely that either oil supply or demand will ever return to 2018 levels.

Read More
Energy Blog

Saudi Arabia Thinks OPEC+ Is Central Bank of Oil—Fire The Banker!

By Art Berman | July 15, 2020

OPEC+ has done a dreadful job of managing world oil markets over the last three-and-a-half years.

Read More
Energy Blog

U.S. Energy Dominance is Over

By Art Berman | June 18, 2020

The party is over for shale and U.S. energy dominance.

Read More
Energy Blog

A Natural Gas Price Play is Wishful Thinking

By Art Berman | June 3, 2020

Lower production of associated gas does not logically account for the complexity of natural gas markets. Conventional wisdom is, after all, based on conventional thinking.

Read More
Energy Blog

Oil Prices and Demand are not Returning to Normal

By Art Berman | May 27, 2020

We are near the end of a rally whose ceiling will be in the low $40-range for the foreseeable future.

Read More
Energy Blog

Why Is Anyone Celebrating $33 Oil?

By Art Berman | May 18, 2020

I don’t know about you but I’m going to leave the champagne in the refrigerator for awhile.

Read More
Energy Blog

Game Over for Oil, The Economy is Next

By Art Berman | April 27, 2020

Large segments of the U.S. oil industry will have to be nationalized before the year is over.

Read More