Art Berman Clarifies Whatever Happened to Peak Oil

53 Comments on "Art Berman Clarifies Whatever Happened to Peak Oil"

Outcast_Searcher on Fri, 18th Mar 2016 11:24 am 



Mr. Berman is a blogging hack. On the main page of his (self-promotion) website, he says, “Energy is the economy. The high price of oil was a leading cause of The Great Recession. The continued high price until recently was the main reason that we couldn’t recover.”

Well hard core peakers who refuse to accept any economic reality or data other than their short term “out of oil / doom’ meme, love this of course.

However, objective economists overwhelmingly cite the housing bust via the collapse of CDO’s, etc. as the cause.

His website is obviously devoted to selling his opinion on short term oil price predictions. There are PLENTY of “investment advisory” services which engage in such randomness, for a fee, of course.

If Mr. Berman can actually predict oil prices in a meaningful way, why doesn’t he just earn 99 bazillion dollars investing in oil futures?

If you want to get a real sense of the history, meaning, key events, potential future, etc. of the fracking revolution from a good writer with 40 years in the industry including dry gas, wet gas, and oil drilling, read “The Domino Effect”. Expect data and logic and a sense of history, and a lot of discussion of the impacts of supply and demand on the industry — not any specific price predictions. But only read this if you can stand to hear that fracking stands to produce a tremendous amount of oil, dry gas, and wet gas in coming decades — and that the US doesn’t have a monopoly on oil shale, just a head start of a decade or two.

Apneaman on Fri, 18th Mar 2016 11:59 am 



Outcast, there is NO such thing as an objective economist. Economics is religion and politics rolled into one. Devotees like you don’t know this because you were indoctrinated into it and have never ever questioned it.

“Economic efficiency has been the greatest source of social legitimacy in the United States for the past century, and economists have been the priesthood defending this core social value of our era.
—Robert H. Nelson, ECONOMICS AS RELIGION

The potential Pareto improvement criterion and other measures of economic efficiency do not pass the test of consistency and coherence within economic theory, nor do such measures accord with what public decision makers seek in policy advice from economists. Such efficiency measures are, nonetheless, durable components of the ideology of economics. —Daniel W. Bromley

The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise.
—Hazel Henderson

Economics is haunted by more fallacies than any other study known to man.
—Henry Hazlitt”

“Calculations show that the market is not efficient! When economists claim the market is “efficient,” they actually mean “the efficient distribution of benefits”—NOT “the efficient use of materials.” In fact, Americans could be wasting something like two billion tonnes (metric tons) of oil equivalent energy each year! The market system is the most-inefficient social system in the entire history of the planet!” – Jay Hanson

– See more at: http://www.jayhanson.org/oldindex.htm#sthash.GRjEbjgl.dpuf

Outcast, it should be obvious that economics is a complete fucking scam and system of control give the fact the the very people who promote it as “natural” own the world.

Oxfam says wealth of richest 1% equal to other 99%


http://www.bbc.com/news/business-35339475

At this rate it will be 100% in a decade. That means over 7.4 billion will be slaves to a small handful of mostly old white guys.

Outcast is this your idea of the best system apes can come up with? Are you OK with this? Do you want to be a fucking cowardly boot licker to these people for the rest of your life?

You know what this is? This is the type of conditions that lead to fascism and revolutions and I guarantee you, you will not like that.

Apneaman on Fri, 18th Mar 2016 12:16 pm 



Outcast no one could be less objective than oil investor Russell Braziel. How fucking stupid are you? Did you follow Russell’s advice? Did you hire him to manage your oil investments? Are you invested in oil or any related industry or services? If you are then you lose your objectivity. Russell is a sales man and a cheerleader. When fracking tanks, so does he. What the fuck ya think he’s gonna say about it? You may want to get yourself a dictionary to look up words before you misuse them. Start with “objective.”

geopressure on Fri, 18th Mar 2016 1:03 pm 



Art Berman has no credibility in my eyes… Like Outcast said above, he makes short-term guesses on the price of oil & hopes that he got it correct…

I also question his motives… I don’t think this loyalties lie with the truth… I think that he will say whatever the highest bidder pays him to say…

Apneaman on Fri, 18th Mar 2016 1:18 pm 



geotard, which highest bidder? Name?

PracticalMaina on Fri, 18th Mar 2016 1:53 pm 



Its me, but the jokes on him, the check is gonna bounce…Muahahaha

Apneaman on Fri, 18th Mar 2016 2:23 pm 



Hey outcast! What does your boy Rusty have to say about Aubrey McClendon and his scamming shale company Chesapeake energy? You know what I think he says? Nothing. It’s the last thing he or any shale cheerleader wants to talk about. How many other criminals are out there in shale land? Anyone naive enough to believe Chesapeake is a one off? The black sheep of the shale family? No, more like the one everyone else copies.

Aubrey McClendon Left His Biggest Backer With Billions to Lose

http://www.bloomberg.com/news/articles/2016-03-18/aubrey-mcclendon-left-his-biggest-backer-with-billions-to-lose

Former CEO Indicted for Masterminding Conspiracy Not to Compete for Oil and Natural Gas Leases

https://www.justice.gov/opa/pr/former-ceo-indicted-masterminding-conspiracy-not-compete-oil-and-natural-gas-leases

Investigation Into Aubrey McClendon Crash Finds High Speeds, No Health Emergency
Police say McClendon reached speeds of up to 89 miles an hour and crashed at 78 miles an hour

http://www.wsj.com/articles/aubrey-mcclendon-crashed-at-78-miles-an-hour-investigation-finds-1457981506

Me thinks Aubrey knew he was going down and the thought of being BIG BUBBA’S fuck toy for the rest of his life was too much.

Well lets see how things shake out next month after the banks do their loan reviews on these super star shale companies….I mean on the ones that are left.

SugarSeam on Fri, 18th Mar 2016 3:06 pm 



outcast, eat a d***, you cornucopian drone. … “blogging hack?” … stfu. … the man’s credentials are impeccable, and far more impressive than yours. If you listened to the first 2-3 minutes, you’d know that.

dissident on Fri, 18th Mar 2016 4:07 pm 



I respect Berman’s analysis of shale and tight gas actual reserve sizes. He is right about many things. But in the above interview when he equates Saudi Arabia and Russia in terms of oil dependence and claims they are colluding on the oil price he is talking pure rubbish.

Saudi Arabia is indeed a one-commodity banana republic. No oil, no economy. Russia had 13.7% of its GDP coming from oil in 2013 when the prices were high. The Russian government is dependent on oil taxation to the tune of 45% but at the same time it enables a flat 13% income tax for the population. Russia’s GDP does not depend on commodity exports and domestic consumption is sufficiently high to maintain 75% of it even if all exports disappeared.

Saudi Arabia sponsors Wahhabi insurrection and terrorism around the world, including in Russia. Russia has no real political or economic collaboration with the Saudis. But the USA does.

Boat on Fri, 18th Mar 2016 6:06 pm 



The Truth-O-Meter shows 1/2 true.

Apneaman on Fri, 18th Mar 2016 6:07 pm 



Jeff Rubin: Oil Sands Are ‘Hemorrhaging Red Ink,’ Doomed to Shutter
Former CIBC chief economist outlines latest predictions at ‘Carbon Talks.’

http://thetyee.ca/News/2016/03/18/Jeff-Rubin-Carbon-Talks/

Apneaman on Fri, 18th Mar 2016 6:31 pm 



Cheerleaders like outcast read books and articles by industry front man like Rusty and get all excited by the hype (kids are easily impressed that way) but wherever fracking goes there always seems to be trouble when you take off the rose coloured glasses and look at the numbers. In BC it’s taxpayers, like me, who are picking up the tab so cocksuckers like the Aubrey McClendon&Co can get rich (assuming they don’t get caught like Aubrey). The industry can’t make it on it’s own. Taxpayer subsidies, lease flipping, cheating, lying and massive debt (much won’t be repaid) is the default mode. Big messes for investors and communities with damaged infrastructure and polluted water and air. Guys like “the rockman” come to your town make their mess and cash in and the public pays for the clean up – this is fracking. It’s like they have created thousands of mini super fund sites in every country they operate in.

Four More Whoppers about LNG in British Columbia

Whopper #1: Vastly less gas to sell than claimed

Whopper #2: Vastly fewer LNG jobs than claimed

Whopper #3: No, LNG prosperity is not close at hand

Whopper #4: Yes, Site C dam is for powering frackers

http://thetyee.ca/Opinion/2016/03/16/Whoopers-BC-LNG/

Three Wacky Accounting Numbers for LNG and Shale Gas
Close read of BC’s budget shows realities of this subsidized industry boondoggle.

http://thetyee.ca/Opinion/2016/02/29/Wacky-Accounting-Shale-Gas/

Ever Wondered Why Site C Rhymes With LNG?

http://desmog.ca/2016/02/04/ever-wondered-why-site-c-rhymes-lng

Apneaman on Fri, 18th Mar 2016 6:40 pm 



Oilfield services group asks Ottawa to fund $500-million oil and gas well cleanup

http://calgaryherald.com/business/energy/oilfield-services-group-asks-ottawa-to-fund-500-million-oil-and-gas-well-cleanup

More begging from these greedy destructive cock suckers. This is why a guy like the rockman can brag about making 400k per year – of course he does since the tax payer has been cleaning up his mess forever. Fucking parasites. It just goes on and on and on the amount of documentation on these cancer monkeys is too much for one person.

GregT on Fri, 18th Mar 2016 6:45 pm 



“The Truth-O-Meter shows 1/2 true.”

The Truth-O-Meter has a short circuit, a blown fuse, and the low voltage indicator light is flashing.

Apneaman on Fri, 18th Mar 2016 6:46 pm 



More cancer on the way and of course funded by the BC taxpayer.

Prince Rupert LNG terminal could become largest source of GHG emissions in Canada, environmental group warns

http://www.straight.com/news/661266/prince-rupert-lng-terminal-could-become-largest-source-ghg-emissions-canada

makati1 on Fri, 18th Mar 2016 7:42 pm 



High NET energy at a price the consumer could afford built the economy/world that most of us grew up and lived in.

Low NET energy that the consumer can less and less afford is the new reality. Adjust.

antaris on Fri, 18th Mar 2016 8:11 pm 



And the sheeple keep run walking towards the cliff edge, encouraged on by politicians and the MSM.

IFuckYouOver on Fri, 18th Mar 2016 8:22 pm 



Anoter amateur using big words with any reference to real scientific work. Another long talk about money. There is nothing new here

No mention about the heating value of fuel and its energy content.

Higher sulfur oil has less energy.

No mention about carbon/hydrogen ratio that is tell about the energy content.

https://www.eagle.org/eagleExternalPortalWEB/ShowProperty/BEA%20Repository/Rules&Guides/Current/31_HeavyFuelOil/Pub31_HeavyFuelOil

http://www.personal.utulsa.edu/~kenneth-weston/chapter3.pdf

ennui2 on Sat, 19th Mar 2016 7:41 am 



Outcast nailed it in his first comment.

marmico on Sat, 19th Mar 2016 8:30 am 



Artie Berman from 4 years ago. Was that the final ASPO conference? ROTFLMAO

http://www.aspo2012.at/wp-content/uploads/2012/06/Berman_aspo2012.pdf

At that time U.S. shale gas production was running about 25 bcf/d. Today it is 50% higher at 42 bcf/d.

https://www.eia.gov/naturalgas/weekly/img/201602_monthly_dry_shale.png

Artie’s favorite consulting client must have been the The League of Women Voters of New York State.

http://www.lwvny.org/advocacy/natural-resources/hydrofracking/2014/Marcellus-Resource-Assessment-NY_0414pdf.pdf

Davy on Sat, 19th Mar 2016 8:46 am 



“Well hard core peakers who refuse to accept any economic reality or data other than their short term “out of oil / doom’ meme, love this of course. However, objective economists overwhelmingly cite the housing bust via the collapse of CDO’s, etc. as the cause.”

Come on do you Really think you can nail it. Do you Really think there are objective economists? While peak oil dynamics can be discounted short term and in the specifics the overall conditions of declining net energy from depletion combined with the decay of industrial civilization from overpopulation (per capita decline) and the diminishing returns of overconsumption (efficiency failures). The housing bubble and the over-financialization of the early 2000’s was a symptom of converging excesses in multiple areas one of which was a property bubble. Commodities were also bid up. Chinese cancerous growth was peaking. Those excesses popped a global macro bubble of irrational consumption both physical and abstract. That overconsumption was not healthy and not real per the physical. It in effect was bad debt, wealth transfer, and private profit at the expense of the public good. That popped bubble was inflated with short term financial remedies allowed to turn into long term destructive economic policies that have now brought us to NIRP and other floating fantasy ideas of “helicopter money”. WTF kind of economic reality is that?

onlooker on Sat, 19th Mar 2016 9:08 am 



I would even go further and say that all of these economic dysfunctions have resulted from an economic system addicted and needing to maintain growth at any price given that our whole economic system is based on debt and resulting interest accruing and further lending. This system demanding growth in order to function. Well, guess what the limitations imposed by peak oil will not allow for further oil in a organic natural manner not to mention other resource constraints. Thus, we have all these ponzi schemes and fiat currency issuing allowing a temporary reprieve on slowdown. Well when the entire illusory fueled bubble bursts and lending dries up as it must, then we are faced with the stark realities of physical commodities and true balance sheet accounting. When that happens the world will be much much poorer and that will reflect the actual status of the planet rather than this mirage.

marmico on Sat, 19th Mar 2016 9:24 am 



More innumerate word salad doom porn from the likes of Davy Greenacres and Blind Onlooker.

War, pestilence, bubbles and contractions, blah, blah, the world keeps on increasing the standard of living of all inhabitants.

onlooker on Sat, 19th Mar 2016 9:45 am 



Blah blah blah, tell that Mar, too the 1 billion who do not get enough to eat or the 2 billion or so malnourished.

Boat on Sat, 19th Mar 2016 9:57 am 



marmico,

Excellent charts. Well doomers do you need help reading them?

Boat on Sat, 19th Mar 2016 10:48 am 



onlooker,

So over population is now the fault of GDP?

Since business has failed to feed every person we should do what. Shut down?

You want business in your bedroom?

onlooker on Sat, 19th Mar 2016 11:05 am 



When did I say that overpopulation is the fault of GDP? I said basically that whatever GDP the world does have is failing to give the bare minimum to more than 1 billion. This in response to your friends assertion that “the world keeps on increasing the standard of living of all inhabitants.” Don’t worry your little heads Boat and friends,we do not need or even can do anything at this point. We passed that point now Mother Nature will take care of all our ills as a species.

Boat on Sat, 19th Mar 2016 11:20 am 



onlooker,

” Don’t worry your little heads Boat and friends,we do not need or even can do anything at this point. We passed that point now Mother Nature will take care of all our ills as a species”.

When was that gonna happen? Right after the stock market crash, or oil depletion.

onlooker on Sat, 19th Mar 2016 11:29 am 



When was that gonna happen? Right after the stock market crash, or oil depletion. —–haha, that is just dress rehearsal for what Nature has in store.

Apneaman on Sat, 19th Mar 2016 12:56 pm 



marmi and boat, where is the chart that explains why, all over super rich N America, we see tent cities and people on every fucking major intersection holding cardboard signs asking for food or money or work? All this in the last 10 years when before that it was a rarity. What is your explanation for that graph boys? What about the 47 million on food stamps? Got a graph for that telling everyone that it’s a good thing? How about the standard of living in flint Michigan and thousands of other American cities with failing infrastructure and lead poisoned water – that don’t show up on your fantasy world charts, nor does the depression and suicides through the roof or the major increase in addictions to everything including pain pills. If your charts indicate that everything is so wonderful what is going on? What about the fact that a guy like Trump might actually be POTUS. If that is not a real world indicator of hard time for untold millions then I don’t know what is. I can go for a 10 minute walk and be at a homeless camp and I live in a middle class suburb and the suggestion that it would be here even 10 years ago would have been laughed at, but there it is – tent city. Your charts and graps are an abstract fantasy representation of reality. A desperate attempt to pretend that civilization is not falling apart when it is. No charts needed. We can see it with our own eyes every time we go out.

Apneaman on Sat, 19th Mar 2016 1:00 pm 



In spite of the never ending promises of capitalism increasing the standard of living we see in this chart that…

Almost half the world — over three billion people — live on less than $2.50 a day.

http://www.globalissues.org/article/26/poverty-facts-and-stats

tita on Sat, 19th Mar 2016 1:16 pm 



I like A. Berman for debunking some stupid ideas spreading around. Like US as a major oil exporter. In 2012, he said “If U.S. returned to 1970 production levels, U.S. will still have to import 5
mmbo/d.”. Well, it returned almost to 1970 levels, and importations are at 7mmbo/d.

It’s not that he’s always right. But he tries to be realistic. Oil and gas are not going to get out of earth magically. Depletion of a well is a fact. US oil and gas prod is actually on decline, and this is not gonna change until some money is spent.

onlooker on Sat, 19th Mar 2016 1:19 pm 



AH, yes but you see the cornies can only point out these gilded statistics that in fact only really show wealth accruing to the already wealthy and everyone else stagnating or going down one or more rungs on the economic ladder. As for all the social ills no mention of that because the cornies have been brainwashed to think GDP is the one true measure of well being. Never mind that included in GDP are outcomes unfavorable to people or that they’re is more to society and people than economic matters. Never mind that the Economic beast reduces us to simply isolated pathetic beings on the treadmill of wage labor and mindless TV watching. So as we watch hypnotized the boob tube let us all thank the great US of A that we are doing just great and are the richest country in the world. Never mind that we would most assuredly at this point be voted the country with most mentally disturbed and ignorant people and that would not be a coincidence.

GregT on Sat, 19th Mar 2016 1:55 pm 



marmi and Boat,

The intentional troll, and his credulous little parrot.

Apneaman on Sat, 19th Mar 2016 2:01 pm 



onlooker, keep an eye on Brazil the 7 or 8th largest economy and a population of 205 million. A neo liberal capitalism poster child for the 21st century. Ha. On the edge of collapse. Just needs one or two more stupid moves by the elite and it could go. Not the only country that’s teetering or getting closer. Their drought and lack of water is a direct result of their economic “success” and growth. Deforestation and AGW do not show up on the happy econ 101 charts for some reason. Oh yeah all the fuck wad charts look happy when you only count selective things. Even if Brazil manages to survive this current political crisis it will not change the fact that they have very little water and no more “Atmospheric Rivers” to bring it to their big cities because they cut down the forests for economic growth – hard wood floors for consumer zombie westerners. It was the forests that created the Atmospheric Rivers that brought the water and their scientists told them that and warned them that if deforestation went to far that they would lose them and thus have no more regular down pours to fill the big city reservoirs So what did they do? Cut them down faster for economic growth. That growth helps jack up boat and marmi’s happy charts, but never ever shows that the have dry reservoirs and a permanent water crisis in mega cities, like Sao Paulo et al. I consider it lying to show some bullshit chart that tells half the story. Overshoot is rearing it’s ugly head all over the world and it is costing in money and health and social problems. Serious problems that are not going away. It’s not third world either. It’s happen in N America and Europe too. Like Flint and other cities poison water, and Chinas mass pollution to numerous to list and California drought and sea level rise on the east coast that local governments are spending hundreds of millions fighting. Does all this spending on cleaning up the externalities of capitalism count towards the GDP? At the rate it’s going we will have an entire economy based on cleaning up externalities and the bullshit paper swapping of financialization. What is financialization at? 40% of the economy? It’s not even real – just some 1’s and 0’s on a server – not real wealth, but in helps jack up the happy charts.

A Megacity Without Water: São Paulo’s Drought

http://time.com/4054262/drought-brazil-video/

Hooray Hooray for chart spiking economic growth from deforestation.

The science is clear: Forest loss behind Brazil’s drought

http://blog.cifor.org/26559/the-science-is-clear-forest-loss-behind-brazils-drought?fnl=en

Hooray Hooray for GDP growing neo liberal privatization schemes – good for the bottom line – not so good for the kids, but who cares if it looks good on an econ 101 chart. Happy numbers is all that counts.

Privatization on Steroids: Emergency Manager Who Switched Flint Water Resigns from Detroit Schools

http://www.democracynow.org/2016/2/3/privatization_on_steroids_emergency_manager_who

Boat on Sat, 19th Mar 2016 2:14 pm 



apeman,

If all the world were ruled by the US the vast majority would qualify for government help. Before government help the poor just died quicker.

Why do you have the need to blame?

Is it the job of a dress maker to make water filters, or feed the poor? Seems very weird you don’t like the way taxes are collected and dispersed in the US when you dont live here.

onlooker on Sat, 19th Mar 2016 2:20 pm 



Yeah I have been following Brazil on the main forum AP, wonderful thread by Vox Mundi about Brazil’s largest city running out of water. He and others have shown what a unequal and corrupt country it is and where even the police are criminals. So yeah their elites sold out any chance of sustainability and fairness in their zeal for economic growth. So yeah AP, the rooster are coming home to roost. Decades of disregarding the future in pursuit of profits and now catching up with us with a vengeance. It comes down to a wonderfully simple little adage by a culture long gone even though their descendants trudge along marginalized and forlorn. That is the American Indians and the adage is ” “When the last tree is cut down, the last fish eaten and the last stream poisoned, you will realize that you cannot eat money.” I vote that to be the epitaph for humanity when/if it becomes extinct.

Boat on Sat, 19th Mar 2016 2:28 pm 



ape,

“In spite of the never ending promises of capitalism increasing the standard of living we see in this chart that”…
Almost half the world — over three billion people — live on less than $2.50 a day”.

The US social network pays more than that every day yet you point fingers. Are you on drugs?

Apneaman on Sat, 19th Mar 2016 2:46 pm 



Boat are you a fucking retard? YES! You are so fucking clueless, I actually feel sorry for you. Do you know what a tipping point is? Well apes have pushed the earth systems that rely on for life past the point of no return. That means that a mass die back is guaranteed and ape extinction has a high probability. I have provided you with many links that explain planetary physics in layman’s terms. Our doom is in the pipe. It’s a done deal. Inertia. Can’t be undone. Get it? There is nothing to cheer about. Fuck your stupid religion and country and politics and graphs and numbers. It’s all going bye bye along with every thing everyone takes for granted. Your like a child boat, but not alone. It’s hopeless and useless to try and explain what is happening to you and most others and all the science and evidence has made no difference. Santa’s not real and we went too far. Enjoy your inner fantasy for as long as your crazy ape brain can maintain the illusion. Apparently there is no ceiling on that.

onlooker on Sat, 19th Mar 2016 2:57 pm 



AP, your words are lost on Boat and for that matter most of humanity. As you eloquently we are blissfully meandering about oblivious to how close our doom is. Ignorance is bliss, until it isn’t.

Apneaman on Sat, 19th Mar 2016 2:58 pm 



Little boat, read this and try and figure out what it means – what’s going to happen to apes soon.

One Month Above 1.5 C — NASA Data Shows February Crossed Critical Threshold

http://robertscribbler.com/2016/03/16/one-month-above-1-5-c-nasa-data-shows-february-crossed-critical-threshold/

GregT on Sat, 19th Mar 2016 3:20 pm 



The Climate Emergency: Time To Switch To Panic Mode?

James Schlesinger once uttered one of those profound truths that explain a lot of what we see around us: it was: “people have only two modes of operation: complacency and panic.”

So far, we have been in the “complacency” mode of operation in regard to climate change: it doesn’t exist, if exist it is not a problem, if it is a problem, it is not our fault, and anyway doing something about it would be too expensive to be worth doing. But the latest temperature data are nothing but spine-chilling. What are we seeing? Is this just a sort of a rebound from the so-called “pause”? Or something much more worrisome? We may be seeing something that portends a major switch in the climate system; an unexpected acceleration of the rate of change. There are reasons to be worried, very worried: the CO2 emissions seem to have peaked, but that didn’t generate a slowdown of the rate of increase of the CO2 concentration in the atmosphere. If nothing else, it is growing faster than ever. And then there is the ongoing methane spike and, as you know, methane is a much more potent greenhouse gas than CO2.

What’s happening? Nobody can say for sure, but these are not good symptoms; not at all. And that may be a good reason to switch to panic mode.

-Ugo Bardi 15 March, 2016

http://www.countercurrents.org/bardi150316.htm

onlooker on Sat, 19th Mar 2016 3:39 pm 



As reluctant as I am to say this, I do not believe our destiny as a species is any longer in our hands. At best we will only be able to roll with the punches and hope the punches are not too severe or too soon.

Apneaman on Sat, 19th Mar 2016 4:02 pm 



Greg, there is no point in panicking when the diagnosis is terminal cancer. Might be wise to get some pain killers and arrange it so you can be more comfortable ( i guess you have done that eh?). Having a truthful real talk with the kids is a good idea too. Sadly, like the quote on panic or complacency another human truth is that people will believe what they want to believe and nothing will sway them because their beliefs are linked to their sanity for whatever it’s worth. Beliefs are a need for apes. Why else would we have made up so many? 10,000 gods, demons and angles, 1000 heroes, a national myth for every country, politic systems, economic systems and on and on with the never ending made up shit. When we go, all the that shit we made up is gone too, but the earth, moon and universe will still be here, largely unchanged and marching along in cosmic space time. In what will be a blink of an eye every trace of us will disappear and never again will there be an argument about politics or religion or oil or economics or climate change…….just silence.

marmico on Sat, 19th Mar 2016 5:18 pm 



Berman is a peaker bobble head urinating in the same toilet with all of the other non-peaker bobble head dicks trotted out on the financial/business teevee shows to regale the onloooker with golden showers.

He is grinding out a buck like everyone else predicting the future. His track record is pitiful.

Boat on Sat, 19th Mar 2016 5:24 pm 



ape,

Boat are you a fucking retard? YES! You are so fucking clueless, I actually feel sorry for you. Do you know what a tipping point is? Well apes have pushed the earth systems that rely on for life past the point of no return. That means that a mass die back is guaranteed and ape extinction has a high probability.

I agreed with you over 2 years ago. Your brain is to fried to remember then and the many times I have repeated.

Sooner or later we gonna die. I for one am not gonna cry or blame others and take it like a man. It would be un American not to.

If your right about the timing and then the earth as we know it collapses soon, it’s gonna happen anyways. If I am right and collapse happens decades later, ya’ll are just a bunch of misguided, blame somebody else, no chart reading, plenty of oil crying whimps. lol

Apneaman on Sat, 19th Mar 2016 5:27 pm 



marmi, Berman is: known, paid, in demand for interviews and speaking engagements, liked, successful. You are unknown, disliked, loser, you could get shot and buried tomorrow and no one would care or notice. You are nothing but a bitchy contrarian who is obviously jealous of Berman’s success and popularity. You wish you were him. Wish you had his respect and popularity. You don’t. Too bad, I guess you will just have to carry on being a petty little hater dreaming of what you will never be.

marmico on Sat, 19th Mar 2016 6:15 pm 



Marcellus natural gas empirics through April 2016.

https://www.eia.gov/petroleum/drilling/pdf/marcellus.pdf

Artie Berman’s forecasting acumen at ASPO 2010.

https://www.eia.gov/petroleum/drilling/pdf/marcellus.pdf

As stated upthread, one more instance of his pitiful forecasting records.

marmico on Sat, 19th Mar 2016 6:17 pm 



Ooops, wrong link. Artie at ASPO.

Davy on Sat, 19th Mar 2016 8:23 pm 



http://www.artberman.com/another-false-oil-price-rally-crossing-a-boundary/