futures
-
ART BERMAN NEWSLETTER: JUNE 2021 (2021-5)
- June 6, 2021
- Posted by: Art Berman
- Category: Newsletter
4 Comments
Investors demanded fiscal & growth discipline from tight oil. Tight oil delivered but investors are uninterested because there’s no growth story. Bait-and-switch.
-
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.
-
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.
-
COMPARATIVE INVENTORY & OIL STORAGE REPORT OCTOBER 16, 2020 (2020-25)
- October 16, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The most remarkable aspect of this week’s storage report is that oil prices did not increase.
-
COMPARATIVE INVENTORY & NATURAL GAS STORAGE REPORT SEPTEMBER 12, 2020 (2020-15)
- September 12, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
Price excursions are a source of considerable self-doubt and this one has been extraordinary. The fact that it appears to be going the way of many others as I advised gives me little comfort. This is not over.
-
Comparative Inventory & Natural Gas Storage Report August 28, 2020 (2020-13)
- August 28, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
A price signal is being sent now to achieve a higher level of supply security next year.
-
Comparative Inventory & Natural Gas Storage Report August 21, 2020 (2020-12)
- August 21, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
Price will continue to increase until more rigs are added or there is enough information to assure markets that enough supply exists for the winter.
-
Comparative Inventory & Natural Gas Storage Report August 14, 2020 (2020-11)
- August 14, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
A monthly avgerage January price of $3.25-$4.00 wouldn’t surprise me but that’s hardly anomalous or a supply crisis.
-
Comparative Inventory & Natural Gas Storage Report August 7, 2020 (2020-10)
- August 7, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
-
Comparative Inventory & Oil Storage Report July 30, 2020 (2020-14)
- July 30, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
There was plenty of good news in this EIA week’s storage report. That is the first time since the March price collapse that I can objectively say that.
- 1
- 2