Here’s Why Energy Prices & Shortages Are Going Berserk Globally | Art Berman On Oil, Gas & Coal

Wealthion, Released on 10/12/21

Energy is suddenly headline news. Oil, which traded at negative prices for a brief moment last year due to the global economic slowdown caused by the pandemic, is now expected by a number of analysts to hit $100/barrel soon. Europe is worried about not having enough natural gas to heat its homes this winter. A petrol shortage in the UK is making it a challenge for folks to fill their cars. And prices at the pump are back near record highs in the US. And China and India are so short on coal that major metropolitan power plants are resorting to rolling blackouts to conserve fuel. Why are so many regions of the world suddenly experiencing these energy crises? Petroleum geologist & energy analyst Art Berman has a lot of the answers we’re looking for, and I’m so pleased he was able to join us today on such short notice.

GET ART’S OCTOBER 2021 ENERGY REPORT FOR FREE at https://wealthion.com/berman

Arthur Berman is a petroleum geologist with 37 years of oil and gas industry experience. He is an expert on U.S. shale plays and currently consults for several E&P companies and capital groups in the energy sector. Art has published more than 100 articles on oil and gas plays and trends and been interviewed by CBS, CNBC, CNN, CBC, BNN, Bloomberg, Platt’s, Financial Times, Wall Street Journal, Rolling Stone and New York Times. He is also an associate editor of the AAPG Bulletin and was a managing editor and frequent contributor to theoildrum.com. Art worked 20 years for Amoco (now BP) and 17 years as consulting geologist. He has an M.S. (Geology) from the Colorado School of Mines and a B.A. (History) from Amherst College.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

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