2018 To Be A Flat Year For Oil: Gina Sanchez | Trading Nation | CNBC

Gina Sanchez of Chantico Global lays out what to expect from oil prices in 2018.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Find CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

2018 To Be A Flat Year For Oil: Gina Sanchez | Trading Nation | CNBC
Video Rating: / 5

Full description and comments at: https://www.peakprosperity.com/podcast/108749/art-berman-dont-get-used-todays-low-oil-prices

Oil expert and geological consultant Art Berman returns to the podcast this week to address head-on the question: Was the Peak Oil theory wrong? With the world “awash” in sub- per barrel oil, were all the warnings about persistently higher future oil prices just a bunch of alarmist hand-wringing?

In a word: No.

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 our 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.
Video Rating: / 5

23 thoughts on “2018 To Be A Flat Year For Oil: Gina Sanchez | Trading Nation | CNBC”

  1. Rate does cost for deployment in employee in on demand current in trade finance in on rate cost use vat crash in change rate none sale discount your to drop rate demand in use silver in moment current vat.Rate does cost vat in jumper in just finance to drop in front detail lot ever crash in start in restated cost in lot use finance in lot your to drop in move rate in target vat use for use for rent in money to drop in for cost for gotten in use does vat in lot vat rate vat use in open market use for go back lot retest Rate cost in pentive in move price in lot back jumppering in spilling for front float in float price in move current go vat.

    Reply
  2. Target trade in just your finance in lot redue cost current in moment in just reuse in lot finance in open use cost go none to price vat use does cost rate for vat your does cost your vat use does rate vat use rate in lot back lot function in of ten current in lot price in just vat use rate cost vat.

    Reply
  3. Does did rule re function in price adoption hight government vat your flat in go none for teri hopped in lot frinter and Rate price in move in lot vat.

    Reply
  4. Rate cost price infinity in vat current in past use cost vat in price vat use for vat back money in lot just for rent in monetary in use vat for does for does west easy in use cost vat use does vat use rate cost your finance in market use go cost none department in negative float in vat in the just vat use in target vat for cost does finance?

    Reply
  5. Chris, I love most of your stuff…but the technology to increase yield in tight oil plays by 30% or more has already been developed. You really do not understand the oil industry all that much. You are like most people that fight tooth and nail and shout how you're theory is correct….but in even single theory presented since 1893..are wrong.

    Reply
  6. When was he last right ???… sure if you keep saying the same thing for 20 years, chances are you will be right at one stage… I used to buy into his bullshit, until I realised there is a big business in selling fear and making money out of it… sure there are plenty of problems which will most likely lead to a poor outcome, but really, just parroting out the same nonsense risks missing the really important stuff we should be focusing on….

    Reply
  7. Planet Earth needs to design, build, launch an Earth-orbiting giant Space Station generating and storing FREE ENERGY, via massive SOLAR Panels on it's structure, which will then transmit back to Earth, via FUSION, this same energy to supply EVERY COUNTRY on the planet (NOT just North America) and this will solve all the World's energy needs problem, as well as preventing DUMB WARS FOR OIL between nations – SELFISHNESS is the problem here, right ?!

    Reply
  8. Jevon's law is what a lot of perpetual growthers are depending on being false. Efficient means often spook the supply chains by becoming too popular.

    Reply
  9. This goes for upstream vendors like SLCA and EME who are already at max capacity for sand and may see price increases there as well

    Reply
  10. Debt is another factor in companies pumping – even if oil price is below their production cost, some companies still pump because they're desperate to service their debt.

    Reply
  11. M King Hubbert clearly had it right and was shunned, made a pariah, and ostracize back in the 1950's for warning people what was coming regarding non renewable hydrocarbons, and we are now on the "Bumpy Plateau"
    .
    The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil.

    The thermodynamics say it all here and what the true value of energy is.

    1 Barrel of Oil (~$50US) is basically equivalent of 11 man hours of labors from a energy calorie point of view.

    I am a geophysicist and geologist and I was never exposed to peak oil or anything during my years in engineering school, and it is only people like Chris M. and Michael Ruppert that woke me up to these realities.

    Think for yourself and do your own research! Wake Up and try to change your Living Arrangement with the Planet!

    Great Discussion!!!

    Reply
  12. The largest oil field was found and left capped was in the 1970's. Recently the largest Oil RIg in the world has been built for the 1970's oil find. It's called the Liberty Rig.

    Reply
  13. If the oil price rises much then the economy crashes. Since the US economy has only managed 1% to 2% growth annually with oil below $50 a barrel then if it rises appreciably then the economy will simply roll over. It is far too weak to handle higher oil prices.

    Reply

Leave a Reply to Andrew Hirst Cancel reply

four + thirteen =