Art Berman Predictions
Petroleum Geologist and Energy Market Expert
Track Art Berman's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[17:22] Spoiler alert. Um there won't be any deal. I promise you there won't be any deal. I wish I wish I could be more optimistic. This is just this is political theater.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
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[27:37] my base case is that hormones never returns to normal flows. And there are many reasons for that. The first is political. If if I am Iran and I now control the straight of Hormuz, which gives me it makes me the most powerful country in the world essentially... Why would I ever give that up?
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
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[49:48] some of that production is never going to come back. Now, I don't know what percentage of that production, but I can tell you where it is. And most of that older production that has been underwater flood, as we call it, is in Iraq. Iraq's a big producer, huge producer. All right. So a lot of that Iraqi and and Iran by the way.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
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[5:39] all that means is that there's a lag and and it it's coming to us as well... we're getting very close to running out of our savings account. And once that happens, then we got no money.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.