Art Berman
@aeberman12
I am a geologist and writer doing energy-related work. Energy is the economy so that covers economics, environment, geopolitics , ecology & human behavior
I'm no longer going to waste my time arguing with people about whether climate change and ecocide are real. If you want to ignore data & scientists who know far more than you or I can ever know, that's your choice. Act out your infantile fantasies somewhere else. #energy…
Diesel profits may cool, but don’t expect a crash. Goldman sees tight refining capacity keeping margins well above pre-COVID norms. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
Issues with CPC and Azeri exports don’t matter much now that the U.S. is letting some firms resume oil shipments from Venezuela, said analyst John Evans. reuters.com/business/energ… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
A quiet partition is taking shape in southern Syria. Autonomy for the Druze, demilitarization for key Sunni cities, and U.S. oversight to hold it all in place. This isn’t just a ceasefire—it’s a redrawn map. #politics #geopolitics #MiddleEast #Israel #Iran #IranUnderAttack…
While the media are focused on Epstein letters and French fantasies, Syria and Israel held high-level talks together w U.S. and reached agreements on coordination in Southern Syria. This is a very big deal: a) Suweida remains autonomous Druze zone b) non-Druze cities of Quneitra…
Diesel’s doing the heavy lifting. With U.S. sanctions easing on Venezuela, even that support may not last. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
Media surrender Paramount gave Trump what he wanted: cash, airtime, and its silence. Journalism didn’t just lose a battle. It may have lost the war. aaronparnas.substack.com/p/a455aad1-1e3… #Trump #Bipartisan #RuleOfLaw #SeparationOfPowers #constitutionalcrisis
The energy transition remains uneven, writes @GavinJMaguire China advanced, while Europe & the U.S. backslid, exposing how fragile progress still is. Now, it's time to learn that THERE IS NO ENERGY TRANSITION, never was and never will be—just adding new layers on old.…
Crude’s bounce off the $64–65 floor has IG’s Tony Sycamore eyeing a shot at $70. reuters.com/business/energ… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
Meme rallies are about belonging, adrenaline, and the seductive promise of winning big in a rigged game. That's a nice way of saying that people aren't too rational. bloomberg.com/news/newslette… #MarketNews #DumbAndDumber #Psychology #BehavioralScience #HumanMind…
A Canadian signing bonus? You want investment? Look no further—our pension giants are already all-in. says Carney with a wink & a nod. Play it smart, and that money keeps flowing. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities…
Chevron restarting output in Venezuela will ease prices while sanctioning Russia and Iran. When energy trumps ideology, bad guys and socialism get a carve-out. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
Economics today is a modern priesthood guarding rigid doctrine, where dissent is heresy. Brilliant quote from @nfergus below LINK👇 ft.com/content/9aabb4… #Economy #EconomyNews #EconomyMonetary #inflation #fintwit #Fed #InterestRates #FedWatch #monetarypolicy
"Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned. ... Neoclassical economics has become the Aeroflot of ideas." Much truth in this.
More blah, blah blah... As summer demand wanes and surging crude supply continues into the fall, we think global crude inventories will rise sharply,” said Westpac's Robert Rennie. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities…
We don’t just need to rethink economics—we need to unlearn its delusions. ft.com/content/9aabb4…
$3.39 U.S. natural gas spot price was about $0.20 more than the marginal price on the green yield curve for the week ending July 18 #energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
U.S natural gas comparative inventory decreased 5 bcf to 201 bcf for the week ending July 18 Henry Hub spot price increased $0.22 from $3.17 to $3.39 #energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
Show data to support your comment @CarlMarxie You clearly have no understanding of OPEC's motives or strategy. Read and listen more, talk less.
Yes it will get jolted to the ground soon as demand is vanishing with the rise of electric vehicles and OPEC now flooding the market with cheap oil because they have no choice.
Complacency is setting in. Oil traders are acting like nothing can jolt the market, which is usually when something does. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
Total's Pouyanné’s warning is blunt: the world’s oil slate is getting lighter. Good for gasoline, bad for diesel—and that mismatch is here to stay. bloomberg.com/news/articles/… #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
These sanctions will be just as ineffective as previous sanctions IMO @JLeeEnergy The real issue is always enforcement & the EU has no central coordination nor the military means to physically restrict flows. Lots of luck with your passion play, guys. bloomberg.com/news/newslette……
