Art Berman

@aeberman12

I am a geologist and writer doing energy-related work. Energy is the economy so that covers economics, environment, geopolitics , ecology & human behavior

Houston, Texas

artberman.com

Joined March 2009

Replies Articles Media

Art Berman
@aeberman12
6h
“The real oil price is already $140” is not analysis. It is a narrative. If physical barrels were broadly worth $120–140 while futures sat near $90, traders would arbitrage that gap aggressively. Yes, freight, insurance and regional scarcity can create huge delivered-price
Mark
@Mark4XX
11h
THE REAL OIL PRICE IS ALREADY $140 — PAPER MARKET ABOUT TO BREAK David McAlvany, CEO of the McAlvany Financial Group, just exposed the biggest disconnect in the oil market right now. Futures look calm. Physical reality is already screaming. The catch-up is coming and most
00:00
Art Berman
@aeberman12
6h
This is what failure of the U.S. security guarantee in the Persian Gulf looks like. Iran has attacked dozens of commercial ships, killed mariners and effectively dictated which routes vessels can safely use through Hormuz. The U.S. response? Enforce the blockade on Iran—but
Iran’s Attacks on Ships in Hormuz Mount, Testing U.S. Military Restraint
From wsj.com
Art Berman
@aeberman12
6h
Diesel matters Hormuz is no longer the whole story. More crude may get through on a good day—but losses at Yanbu, Russian refinery outages and tighter product exports can erase those gains. That is why diesel matters. A $100+/barrel diesel crack is not just an oil-market
Drop Site
@DropSiteNews
Aug 18
The U.S. diesel crack spread has shattered historical records, surpassing $100 a barrel for the first time in history. The measure is the premium of U.S. Ultra-Low Sulfur Diesel (ULSD) futures over West Texas Intermediate (WTI) crude oil futures, and it has reached an all-time
00:00
Art Berman
@aeberman12
7h
The question Gulf states are asking is no longer whether the U.S. can guarantee their security It has shown that it cannot—at least not yet Washington can bomb Iran. It has not been able to reopen Hormuz Now threatening Oman for trying to negotiate a way through only
Danny (Dennis) Citrinowicz ,داني سيترينوفيتش
@citrinowicz
20h
My interview #newsroom @CNN: A. Trump’s threats against #Oman reflect a deeper U.S. concern over the emerging regional order around the Strait of Hormuz. Washington fears that an Omani-Iranian arrangement could effectively legitimize a significant Iranian role in managing the
00:00
Art Berman
@aeberman12
7h
A record $102 diesel crack matters. But after six months of warnings, we need to distinguish system vulnerability from imminent collapse. Diesel is genuinely scarce. Inventories are low. Refiners are running hard. But markets are not yet signaling that the industrial economy
The Hormuz Letter
@HormuzLetter
Aug 18
BREAKING: US diesel crack, the gap between diesel and crude, has just hit a record $102.20 for the first time in history. Food is about to get a lot more expensive. Agriculture runs on diesel equipment and shipping, heating oil is next ahead of winter, and everything moved by