Covid
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ART BERMAN NEWSLETTER: JULY 2021 (2021-6)
- July 6, 2021
- Posted by: Art Berman
- Category: Newsletter
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When Jeff Currie says that $4 or $5 gasoline is not a problem because the economy is strong, I’m sure he’s right for Goldman Sachs’ clients. I doubt he talks to the second economy in the UK where he works. I wonder if his company isn’t already shorting oil.
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ART BERMAN NEWSLETTER: JUNE 2021 (2021-5)
- June 6, 2021
- Posted by: Art Berman
- Category: Newsletter
Investors demanded fiscal & growth discipline from tight oil. Tight oil delivered but investors are uninterested because there’s no growth story. Bait-and-switch.
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ART BERMAN NEWSLETTER: APRIL 2021 (2021-3)
- April 1, 2021
- Posted by: Art Berman
- Category: Newsletter
We’re near the end of a price increase that began at less than zero back to the where prices were before the pandemic. That’s a recovery not a rally.
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ART BERMAN NEWSLETTER: NOVEMBER 2020 (2020-10)
- December 3, 2020
- Posted by: Art Berman
- Category: Newsletter
The time from well start to enough production to offset base decline is almost a year—six times EIA’s estimate. It is nearly impossible for U.S. production to be flat at 11 mmb/d for 2021.
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How High Will Oil Prices Go? What the Market Knows
- December 1, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
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.