LBRY Block Explorer

LBRY Claims • art-berman-think-oil-is-getting

3de7db850abea18870b7fc35db31b3fc790d9b6a

Published By
Created On
18 Dec 2020 02:51:03 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
Art Berman: Think Oil Is Getting Expensive? You Ain't Seen Nothing Yet.
Full description and comments at: https://www.peakprosperity.com/podcast/114066/art-berman-think-oil-getting-expensive-aint-seen-nothing-yet

After issuing clear warnings on this program that sub-$50 oil prices were going to be short-lived, oil expert and geological consultant Art Berman returns to the podcast this week to explain why today's $70 oil prices will go higher -- likely much higher -- and start materially contricting world economic growth.

Art explains how the current glut of oil created by the US shale boom -- along with high crude output by both OPEC and non-OPEC producers -- is a temporary anomaly. Fundamentally, we are not finding nearly as much oil as we need to continue the trajectory of the global demand curve. And at the same time, we're extracting our reserves at a faster rate than ever. That's a mathematical recipe for a coming supply crunch -- it's not a matter of if, but when.
...
https://www.youtube.com/watch?v=weYeLqwX_w0
Author
Content Type
Unspecified
video/mp4
Language
English
Open in LBRY

More from the publisher

Controlling
VIDEO
WHAT
Controlling
VIDEO
CORON
Controlling
VIDEO
JAMES
Controlling
VIDEO
JIM R
Controlling
VIDEO
BITCO
Controlling
VIDEO
MIKE
Controlling
VIDEO
COMMO
Controlling
VIDEO
PROTE
Controlling
VIDEO
THE C