A World On the Precipice: The Last Oil Tanker From the Strait of Hormuz has Arrived – Now What? with Art Berman
The Great Simplification with Nate Hagens
Release Date: 05/13/2026
A World On the Precipice: The Last Oil Tanker From the Strait of Hormuz has Arrived – Now What? with Art Berman
The Great Simplification with Nate Hagens
The last pre-war shipments of oil products from the Strait of Hormuz have arrived at their destinations as of early May, meaning the promise of an energy crisis as a result of the Iran war is fast approaching. Leading experts are now forecasting energy disruptions ranging from rationing to severe shortages in import-dependent economies, with roughly 11% of global oil supply already offline. This leaves us with the question: even if this war were to end today, what sort of system-wide effects are locked in given the current loss in production, and what will be required of us to cope with the...
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Wide Boundary News: Sacrificing Wilderness, Oil Data Propaganda, and Feeding the Superorganism's Brain
The Great Simplification with Nate Hagens
This week’s Frankly is another edition of Wide Boundary News, where Nate invites listeners to view the constant churn of headlines through a wider-boundary lens. He begins with the misleading framing of recent oil production statistics by the United States, which blurs distinctions between crude oil and broader petroleum products. Nate uses this as a case study in how data can be technically correct, yet structurally misleading – particularly when used for political storytelling. The lens widens as he considers whether the peak of the carbon pulse could pass without clear public...
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Why Each American Lives Like a 40-Ton Whale: Power, Overshoot, and Climate with Tad Patzek
The Great Simplification with Nate Hagens
Many of us were taught that humans have been the dominant force shaping the modern world through sheer grit, ingenuity, and innovation. While true to an extent, there are also deep, embedded laws of energy that have both constrained and enabled human cleverness and our influence over our surroundings. What exactly are these laws, and what happened in the past few centuries that allowed for an explosion of technology and consumption? Perhaps more importantly, how can that knowledge help us understand how the decades and centuries ahead might be different? In this episode, Nate is joined by...
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A Perspective From Lebanon: Who Will We Be When Things Get Hard? | Frankly 140
The Great Simplification with Nate Hagens
In this week’s Frankly, Nate steps away from analysis and reflects on a call that reframed his thinking. He shares a recent conversation with a close friend living in Lebanon, who amid ongoing daily violence and loss has been hosting displaced families and leading meditation practices in her community. Nate notes that her grounded presence, alongside the trust she carries from a centuries-old lineage in her village, reveals the ways in which social capital and contemplative practice can hold someone steady as the world around them changes. From that conversation, Nate distills the wider work...
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This War Changes Everything: Are We Ready for Energy Shockwaves From the Strait of Hormuz? with Rory Johnston
The Great Simplification with Nate Hagens
Over three-quarters of the global population has never lived through a major global energy crisis, such as those of the 1970s. In early 2026, that is about to change as the world faces the largest energy disruption in history, measured by the daily loss of oil output. This crisis won’t be evenly distributed but will be felt everywhere – and is guaranteed to have ripple effects we won’t see coming. How much oil remains in circulation, and what level of damage has already been inflicted on our global energy infrastructure? In this episode, Nate is joined by oil market analyst Rory Johnston...
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How to Think About the Future (Part 2): Four Variables Shaping the Coming Decades | Frankly 139
The Great Simplification with Nate Hagens
This week’s Frankly is part two of the series How to Think About the Future. Today, Nate expands on the case for holding a distribution of possible futures rather than a single preferred one, and walks through a structured scenario-building exercise. He begins with the two-by-two grid that he has used for years, which indicates whether the economy will expand or contract and whether this happens within ecological limits or in overshoot. The four quadrants this produces represent possible directions toward the future: toward green growth, Mordor, Mad Max, or the Great Simplification. From...
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Wisdom in a World in Crisis: The Counterintuitive Need to Slow Down and Find Spaciousness with Iain McGilchrist
The Great Simplification with Nate Hagens
For many of us, our instinctual response to rising conflict and instability might be to recede further into pragmatism as a way to survive. Yet, if our cultural values and ways of life are what got us here, rooted in narrow-boundary, cold, and logical thinking – then perhaps moments of turbulence like these actually call on us to change our way of thinking entirely. Is this moment our opportunity to pivot toward worldviews that emphasize the intangible qualities of life, and could that shift cause a cascade through our actions and decisions, leading to more balanced decision-making for the...
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How to Think About the Future (Part 1): Changing the Future Starts with How You Think | Frankly 138
The Great Simplification with Nate Hagens
In this week's Frankly, Nate opens a new series called How to Think About the Future. He begins with some comments he’s heard repeatedly on this platform: why cover nuclear, plastics, renewables, or climate when something else is the real issue? Nate observes that these questions come from people who have already settled on a single storyline about what's coming, and are filtering everything else through it. Our actual reality is much more complex and unknowable, and even the most well-informed perspectives may only be able to capture pieces of the bigger picture. Nate emphasizes that even...
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The Fantasy of Space Colonization: The Spaceship We're Already On with Tom Murphy & DJ White | RR 24
The Great Simplification with Nate Hagens
On the heels of Artemis II, our cultural obsession with space colonization continues, even as we face increasing global resource constraints and planetary health declines. Techno-optimists, including some of the wealthiest among us, dream of a future where we mine, travel to, and colonize other planets – all in the hopes of bypassing the problems we now face on Earth. But from the perspective of physics and ecology, how feasible is space colonization – and are these interplanetary ambitions blinding us to the miracle of the planetary spaceship we already inhabit? In this episode,...
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Oil 301: The World After Cheap Energy | Frankly 137
The Great Simplification with Nate Hagens
Today’s Frankly is the final installment in a three-part series on the role oil plays in modern civilization, prompted by the recent flow disruptions and geopolitical conflict surrounding the Strait of Hormuz. Nate frames the entire arc of this series through the concept of the carbon pulse: a one-time inheritance of ancient stored sunlight that humanity is burning through in a few hundred years. He highlights how modern economies, now roughly a thousand times larger than five centuries ago, are built on the assumption that the energy abundance at the top of this curve is permanent, when in...
info_outlineThe last pre-war shipments of oil products from the Strait of Hormuz have arrived at their destinations as of early May, meaning the promise of an energy crisis as a result of the Iran war is fast approaching. Leading experts are now forecasting energy disruptions ranging from rationing to severe shortages in import-dependent economies, with roughly 11% of global oil supply already offline. This leaves us with the question: even if this war were to end today, what sort of system-wide effects are locked in given the current loss in production, and what will be required of us to cope with the fallout?
In this episode, Nate welcomes back petroleum geologist Art Berman to break down the timeline of the looming oil shortages stemming from the Strait of Hormuz crisis and just how severe they could become within a tightly coupled, complex global system. Art explains why, even if the war were to end today, the inherent lags in our industrial supply chains mean shortfalls are already baked into the coming months. The resulting rise in energy prices will reach far beyond the pump, rippling out into the cost of virtually everything and confronting much of the world with conditions not seen in over five decades. Ultimately, Art sees this as a forcing mechanism that could compress decades of needed adjustment into months. The outcome will rely less on policy than on whether societies can absorb the shock without breaking.
Amid all the speculation about oil prices in the wake of the Iranian conflict, what do these numbers actually mean in physical terms? If this conflict signals the beginning of a long-term decline in energy availability, are we already past the peak of the global material economy, with the financial layer not yet caught up to the physics? And if this conflict signals the beginning of a long-term decline in energy availability, what lessons from our deep past might help us find our way forward?
(Conversation recorded on May 6th, 2026)
About Art Berman:
Art Berman is a petroleum geologist with over 40 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.
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