Arthur Berman largeErik Townsend and Patrick Ceresna welcome Art Berman back to MacroVoices. Erik and Art discuss:

  • Comparative inventory on oil
  • Inventory correlation to price
  • Price cycles and the oil-price yield curve
  • Impact of U.S. exporting oil
  • Trends in tight oil rig counts
  • Managed money unwinding net long positions
  • Distillate and gasoline inventories
  • Why is backwardation collapsing on WTI
  • Sensitivities to supply concerns
  • Discrepancies between IEA and OPEC forecasts
  • Where are oil prices going in 2019?

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Arthur E. Berman is a geological consultant with thirty-seven years of experience in petroleum exploration and production. He currently is consulting for several E&P companies and capital groups in the energy sector. He frequently gives keynote addresses for investment conferences, boards of directors and professional societies.  He is often interviewed about energy topics on television, radio, and national print and web publications including CNBC, CNN, CBC, BNN,, Bloomberg, Platt’s, Financial Times, and New York Times. He is a Director of ASPO-USA (Association for the Study of Peak Oil & Gas USA). He was a Managing Director and  frequent contributor at The Oil Drum, and is an associate editor of the AAPG (American Association of Petroleum Geologists) Bulletin. He was past Editor of the Houston Geological Society Bulletin (2004-2005) and past Vice-President of the Society (2008-2009). He has published more than 100 articles on geology, technology, and the petroleum industry during the past 5 years.