Arthur E. Berman

Arthur E. Berman is a petroleum geologist with 45years 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.

He routinely gives 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. He has more than 36,000 followers on Twitter (@aeberman12).

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 25 years as consulting geologist. He has an M.S. (Geology) from the Colorado School of Mines and a B.A. (History) from Amherst College.

oil well

For Epstein to be right, everyone else has to be wrong

In the long run, it doesn’t really matter whether Epstein is right or wrong because the earth will have the final vote.

The train that Epstein is trying to stop left the station a long time ago.

March 24, 2023

Syncrude plant

Arthur Berman: “Peak Oil – The Hedonic Adjustment”

On this episode, petroleum geologist Arthur Berman returns to unpack the development and drawbacks of ‘peak oil’.

January 18, 2023

The U.S. Production Decline Has Begun

It is not because of decreased rig count. It is because cash flow at current oil prices is too low to complete most wells being drilled. The implications are profound. Production will decline by several hundred thousand of barrels per day before the effect of reduced rig count is fully seen.

April 30, 2015

Saudi Arabia’s Oil-Price War Is With Stupid Money

Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays. It is also with the zero-interest rate economic conditions that made this possible. 

April 21, 2015

Lifting the U.S. Oil Export Ban Is No Solution to Low Oil Prices

Lifting the oil export ban would only perpetuate the problem of over-production. That is no solution to low oil prices, lost jobs or lower oil-related spending.

March 19, 2015

ExxonMobil CEO Wrong About “Resilience” of Tight Oil Production

ExxonMobil CEO Rex Tillerson is wrong about the resilience of U.S. tight oil production.

March 10, 2015

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