Art Berman End of shale oil revolution in near future

7 thoughts on “Art Berman End of shale oil revolution in near future”

1. What a suprise, art wrong again. August 2019, still pumping out a record 12 million barrels a day.

2. in the long run we're all dead. that's why I didn't make more humans. the insane ppl on this planet, may they all soon go extinct for their own benefit

3. Well then, we better get thorium nuclear technology up and running. Eventually we reach peak oil as was feared before the fracking boom.

4. So far Art is wrong …it is now jan 1 2019 and they are still pumping their fkn brains out in permian …at a loss ??? Still?? Wtf?? So as long as they pay the interest on outstanding debt it will continue until when???

5. Man the sound sucks on this video.

6. You down with opp?

   No thanks I'll save in hard money.

7. People love to talk about oil "price," but dollar valuation is nonsensical.

   Oil price can be fifteen cents a barrel so long as everyone is working part time and eating ramen.

   Oil at "$140/bbl" is a stupid metric as no one would let it fluctuate to such a noticeable degree. It would cause outrage.

   Instead, lazy millennials live in their parent's basements. This is a clever way to conceal the rising cost of living and skew the perception of the problem.

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