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Wharf Rat

From: Eric	10/3/2023 12:30:02 PM
	1 Recommendation of 24206

Arthur Berman: "Peak Oil - The Hedonic Adjustment" \| The Great Simplification #54 Nate Hagens Jan 18, 2023 The Great Simplification - with Nate Hagens Show Summary: On this episode, petroleum geologist Arthur Berman returns to unpack the development and drawbacks of ‘peak oil’. Art explains how our institutions have redefined what is considered oil, which has created an illusion of constantly growing oil production. The reality is that - circa 2023 - fully 40% of what is called oil is comprised of things that are ‘not oil’. What does this imply for global peak oil? Is peak oil, an observation which has been around for decades and repeatedly proven ‘wrong’, even relevant today? Is a specific ‘peak’ date even helpful or should we be focusing on the logical implications of a declining primary resource for global economies? And then, what should we do? About Art Berman: Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and is currently consulting for several E&P companies and capital groups in the energy sector. youtube.com Ahhh! This brings back good memories of one of my favorite websites to visit daily many years ago. The Oil Drum Eric

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