• 10 hours Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 2 days Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 36 mins Clean Energy Is Canceling Gas Plants
  • 1 hour GAME CHANGER: MIT Startup Commonwealth Fusion says Commercial Product by early 2030s ! THIS CHANGES EVERYTHING..
  • 2 hours America's Frontline Doctors - Safely Start Living Again!
  • 13 hours Biden denies fracking ban
  • 13 hours "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 9 mins OP article : "Trump blasts Biden Fracking Plan . . . "
  • 5 hours The Leslie Stahl/60 Minutes Interview with President Trump
  • 7 hours Is the coal industry on the way out?
  • 19 hours Australia’s Commodities Heartland Set for Major Hydrogen Plant
  • 1 day Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
  • 2 days A sneak peak into the US election
Arthur Berman

Art Berman

Contributor since: 12 Jan 2015

Arthur Berman

Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and is currently consulting for several E&P companies and capital groups in the energy sector. During the past year, he made more than 25 keynote addresses for energy conferences, boards of directors and professional societies. Berman has published more than 100 articles on oil and gas plays and trends. He has been interviewed about oil and gas topics on CBS, CNBC, CNN, CBC, Platt’s Energy Week, BNN, Bloomberg, Platt’s, The Financial Times, The Wall Street Journal, Rolling Stone and The New York Times. Berman is an associate editor of the American Association of Petroleum Geologists Bulletin, and was a managing editor and frequent contributor to theoildrum.com. He is a Director of the Association for the Study of Peak Oil, and has served on the boards of directors of The Houston Geological Society and The Society of Independent Professional Earth Scientists. He worked 20 years for Amoco (now BP) and 16 years as consulting geologist. He has an M.S. (Geology) from the Colorado School of Mines and a B.A. (History) from Amherst College.

Latest articles from Arthur

  • U.S. Oil Dominance Is Coming To An End

    Published 18 June 2020 | viewed 72,131 times

    U.S. energy dominance is over. Output is probably going to drop by 50% over the next year and nothing can be done about it. It…

  • The Death Of U.S. Oil

    Published 28 April 2020 | viewed 211,738 times

    It’s game-over for most of the U.S. oil industry. Prices have collapsed and storage is nearly full. The only option for many producers is to…

  • Why The OPEC+ Output Cut Is Irrelevant

    Published 06 April 2020 | viewed 64,331 times

    I’m in favor of the global output cut orchestrated by President Trump but let’s recognize it for what it is: largely irrelevant. Mohammed bin Salman…

  • Is Saudi Arabia To Blame For The Looming Economic Recession?

    Published 17 March 2020 | viewed 72,967 times

    Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a…

  • Here’s Why Oil Prices Should Go Higher

    Published 03 March 2020 | viewed 58,899 times

    On February 11, I predicted that Coronavirus would crush oil prices. Prices collapsed on February 20. Today, prices have reversed and WTI price is $2.00 higher on…

  • How Long Will The Oil Price Fear Premium Last?

    Published 07 January 2020 | viewed 28,329 times

    The oil price rally got a big boost last week with the assassination of the Iranian General Qassem Soleimani. Will that be enough for prices…

  • Why This Oil Price Rally Won’t Last

    Published 24 December 2019 | viewed 46,023 times

    Every price rally of 2019 has ended in tears. The latest will probably end similarly. It is based on hope that ending the U.S. –…

  • A New Trend In Natural Gas: Just-In-Time Supply

    Published 24 March 2019 | viewed 32,764 times

    U.S. natural gas prices reached the highest maximum level in 4 years this winter. That’s because of a new “just-in-time” gas supply paradigm that relies…

  • Oil Is Set To Rise, But The Rally May Not Last

    Published 21 March 2019 | viewed 30,208 times

    The United States is no longer over-supplied with oil. That sounds like good news. The bad news is that it may signal lower oil prices…

  • One Last Warning For The U.S. Shale Patch

    Published 20 March 2019 | viewed 34,726 times

    Oil price lost 44% of its value late last year. That price collapse was a signal to tight oil companies to stop over-producing. The message…

  • Why Oil Prices Could Still Go Lower

    Published 28 October 2018 | viewed 51,203 times

    Crude markets had a panic attack in August and September that sent prices soaring. Sanity is now returning. Prices have fallen but are likely to…

  • Are Natural Gas Prices Set To Spike?

    Published 15 October 2018 | viewed 30,254 times

    Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply…

  • Ignore The Hype – Oil Prices Aren’t Going Back To $100

    Published 30 September 2018 | viewed 68,729 times

    The breakout in Brent crude prices above $80 this week has prompted analysts at the sell side banks to start talking about a return to $100…

  • Shale Won’t Trigger The Next Financial Crisis

    Published 05 September 2018 | viewed 17,027 times

    Many think that debt and negative cash flow by U.S. shale companies will crash the global financial system. I believe the opposite is more likely,…

  • Is $65 The Ceiling For WTI?

    Published 26 February 2018 | viewed 29,098 times

    The oil price rally that began a year ago is at a crossroad. In February, WTI futures fell from a 3-year high of more than…

  • Can WTI Hit $70 In 2018?

    Published 06 November 2017 | viewed 53,353 times

    Comparative inventory (C.I.) has been dramatically reduced in 2017. Levels have fallen 159 mmb since February and are now approaching the 5-year average for the…

  • Oil Prices Poised To Rise In Early 2018

    Published 11 October 2017 | viewed 36,073 times

    Oil prices will be lower for longer—that is the conventional wisdom. Data suggests, however, that oil supplies are tightening and that higher prices are likely in…

  • Can WTI Break Out Of The High $40s?

    Published 10 September 2017 | viewed 23,625 times

    The most likely case is that WTI will remain stuck in the upper $40 to lower $50 range through December 2017. Comparative inventories have fallen…

  • Are Strong U.S. Crude Inventory Draws Sustainable?

    Published 07 August 2017 | viewed 31,356 times

    The decline in U.S. comparative inventories since February is the most significant oil market development since prices collapsed three years ago. It means that U.S.…

  • Permian Oil Reserves Are Grossly Exaggerated

    Published 19 July 2017 | viewed 63,072 times

    We are entering a new age of American energy dominance according to Energy Secretary Rick Perry. President Trump reflected that view in comments he made last week that…

Oilprice - The No. 1 Source for Oil & Energy News