If you went into a coma on this day in 2020, you would wake up to a world different, but quite similar, except you don’t see a lot of teeth everyday. For our 100th episode, we invited Art Berman back to refresh our views with his outlook on oil and natural gas prices. Things have changed a lot since the vaccine news in November and prices have moved from a low of $1.74 and $35 to where we sit today at $2.50 and $52. Art is a fundamentalist who looks at comparative inventory to take a view. He walks us through his thinking and I’ll leave it to you to make the bet: Up, down or sideways from here? Only time will tell, but it certainly looks more bullish.

Now, if only US producers can stay disciplined…

#hottakeoftheday podcast Episode 100 w/Art Berman

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About Art

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 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 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.