The Petroleum Truth Report
-
Fatih Birol’s “I Have A Dream” Speech is Wrong
- September 15, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
No CommentsBirol should but will not state that the only solution to climate change is greatly reduce consumption of all energy, not just fossil fuels.
-
Substituting Renewable Energy for Fossil Fuels is a Doomsday Stratagem
- September 14, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
Most people and leaders are energy-blind. Most of our approaches don’t have a map so we’re lost in the wilderness.
-
Insanity Check on Climate Change
- September 13, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
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.
-
The Big Lie About Fossil Fuel Subsidies
- September 2, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
The IMF’s message is opportunistic, journalistically dishonest and more appropriate to Fox News than to an international opinion leader and supposedly honest broker.
-
Another Oil Meme Bites The Dust: Tight Supply Turns to Oil Surplus
- August 23, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
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.
-
We Can’t Handle The Truth About The Human Predicament
- August 1, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
Simply switching from fossil fuels to renewable energy is not a solution to climate change, certainly not in our time window of urgency.
-
What The Market Knows About Oil’s Future
- July 27, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
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.
-
Oil’s March to $100 or Just Another Little Rally?
- July 18, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
I just don’t see any extraordinary structural change about to happen that is outside of what is normal and expected for oil markets.
-
The Net Effect of Net Zero Will Be Zero
- July 5, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
Net Zero is a naive and unscientific fantasy that is largely untethered to physical reality.
-
Unanticipated Consequences of the Energy Transition
- June 23, 2023
- Posted by: Art Berman
- Category: The Petroleum Truth Report
An energy transition will have little net effect on society’s material footprint on the planet.