Jason Burack of Wall St for Main St interviewed returning guest, geological consultant with thirty-seven years of experience in petroleum exploration and production, Art Berman https://www.artberman.com/ Read Art's full bio here: https://www.artberman.com/about-art/ During this hour plus long interview, Jason asks Art if the supply/demand fundamentals for oil have changed a lot with the global economy slowing down recently. Track Oil Prices for free here: https://oilprice.com/ Art thinks that demand is not down significantly yet. Jason asks Art a number of questions about US shale oil (tight oil) producers including about their production costs (many US shale oil producers are currently losing money at current WTI oil prices), their reserves, their debt levels, their balance sheets and their ability to raise capital in the current market environment. Surprisingly, Art says how President Trump has hurt many oil companies with his 180* flip flopping of policies on Iran oil exemptions and also the recent potential tax changes on master limited partnership (MLP) pipeline companies. Can US shale oil companies cut costs fast enough and raise enough capital to stave off bankruptcy? Will oil prices go lower and hurt the US oil producers more? Who benefits from the current low oil price environment? Listen to this very interesting interview from an oil industry expert of over 3 decades to find out! Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 57 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**