Energy Insights You Won’t See Anywhere Else.
No Fluff, Just Hard Facts.
Unlock the Vault
Art Berman's Exclusive Energy Analysis
This data driven analysis produces hard core insights that can open your eyes to what is actually happening in the energy market. Art produces these posts to be accessible to all.
Because in a world full of energy chaos, knowledge is power.
Eagle Ford Shale–A Preview of Permian Decline
The Eagle Ford Shale was the hottest play in the United States a little more than a decade ago. In mid-2012, there were twice as many rigs drilling horizontal wells…
Can We Just Get Over Nuclear?
Why do so many otherwise intelligent people believe that nuclear power is the solution to the world’s energy and climate crises? “There is no way, absolutely none, that the world’s…
Climate change is a Narrow View of the Human Predicament
A transition away from fossil fuels seems like a sensible approach to climate change but what are the correct ingredients? Wind, solar, hydrogen, electric vehicles, carbon capture, nuclear, geothermal, heat…
Doomberg Embarrasses Himself
Doomberg’s recent views about oil on Thoughtful Money were painfully amateurish and often just wrong. I have always respected Doomberg even when I disagreed with him but I was embarrassed…
Doomberg Goes Off the Rails
The ordinarily knowledgeable and reasonable Doomberg is way out of his lane on oil. In a recent post “Peak Cheap Oil is a Myth,” Doomberg observes that natural gas liquids…
Comparative Inventory Tells Recent Oil Price Story
Analysts propose all kinds of explanations for why oil prices have fallen since late September. They are all somewhat true but the real reason is that comparative inventory (C.I.) has…
Coal Magical Thinking from the IEA
Coal demand will peak in 2023 and begin to decline in 2024 and beyond (Figure 1). That’s the good news in a report by the International Energy Agency (IEA) issued…
EVs Will Have No Effect on Oil Demand
It seems reasonable that oil demand will fall as the number of electric vehicles (EV) increases. Unfortunately, there is no support for that popular belief. In fact, the data suggests…
Why I’m Not an Oil Bear
It’s easy to be an oil bear these days. WTI has fallen almost $20 per barrel since mid-September and OPEC+ seems to have lost its ability to do much about…
Beginning of the End for the Permian
Permian basin and Eagle Ford oil recoveries have both fallen by 30% and Bakken has declined by almost 20%. Those plays accounted for two-thirds of U.S. output in 2023. That…
Pessimists, Optimists and The Straw Man Fallacy
Marco Raugei and Chris Nelder spent 75 minutes tilting at straw men on Nelder’s The Energy Transition Show last month. After the discussion with Raugei, Nelder launched into a 30-minute…
Nuclear Is Not The Answer
Among the most frustrating parts of discussions about the human predicament is the widespread belief that nuclear energy is the answer. It’s not. If money were not a consideration—but it…
Uncover the Truth: Join Art’s Mailing List.
Stay connected to Art, get valuable energy insights, and explore the truth.