Erik Townsend and Patrick Ceresna welcome Art Berman to MacroVoices. Erik and Art discuss:
- Saudi Arabia’s production cut decision and what this means
- Will U.S. shale industry recover?
- Expected decline in demand in oil
- Analysis of current comparative inventory report
- Pandemic and U.S. consumption recovery – what does this mean for gasoline?
- Perspectives on previous prediction of a big decline in U.S. production in Q1
- Can OPEC compensate for loss of U.S. production?
- Lag times between getting the rig started to actual oil production and what this means
- Price vs. Comparative inventory yield curve
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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, OilPrice.com, 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.