Energy Contrarian

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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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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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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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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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The Energy Transition is Being Led by a Clown Car

By Art Berman | February 21, 2024

Renewable energy capacity is expected to expand dramatically in the next few decades in order to get climate change under control. Because wind and solar are intermittent sources of electric…

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Renewables Are Not the Cheapest Form of Power

By Art Berman | February 15, 2024

The CEO of TotalEnergies believes that the renewable transition will lead to higher—not lower—energy prices. That’s a very different view from the popular belief that renewable energy prices are falling…

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Betting the World on an Imaginary Energy Future

By Art Berman | February 7, 2024

Government leaders tell us that the world is moving toward a renewable energy future. At the recent COP 28 climate meeting in the United Arab Emirates, those leaders agreed to…

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Energy Aware II

Bakken Break-Even Prices Threaten Profits

By Art Berman | January 28, 2024

The Bakken Shale play is following the same pattern of declining well performance that I have shown for the Permian and Eagle Ford in recent weeks. Bakken break-even prices have…

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Energy Aware II

Draining America First—The Beginning of the End for Shale Gas

By Art Berman | January 23, 2024

The United States is the biggest producer of natural gas in the world and recently became the largest exporter of LNG. The industry is scrambling to build LNG (liquefied natural…

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A Renewable Energy Future Will Collapse the Financial System

By Art Berman | January 20, 2024

Energy is the economy. That’s a radical concept because most people think that the economy runs on money. It doesn’t. What is energy? It is the potential or capacity to…

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