Worst Oil Price Shock Since 1980 -- When Will It End? (If Ever) | Energy Expert Art Berman

Wealthion - Be Financially Resilient · Mar 8, 2022 · 57m

According to today's guest, energy expert and petroleum geologist Art Berman, the world is now experiencing an oil shock -- the magnitude of which we've rarely seen before. Oil prices had risen tremendously over the past two years off of their 2020, but the recent outbreak of war in Ukraine has propelled them into a higher orbit. The trade embargoes currently under consideration against Russia in response to the invasion sent oil futures briefly up to $139/barrel last night. That's nearly twice the price oil traded at the start of the year, just two months ago. And it's not just oil. The…