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Nick Cunningham

Contributor since: 04 Nov 2013

Nick Cunningham

Biography

Nick Cunningham is a Vermont-based writer on energy and environmental issues. You can follow him on twitter.

Latest articles from Nick

  • The Latest Red Flag For U.S. Shale

    Published 21 August 2017 | viewed 5,728 times

    The U.S. shale industry has had a rough few weeks, with a growing number of reports suggesting that the industry is facing much more financial…

  • Canada’s Oil Industry Doomed If Prices Fall Lower

    Published 20 August 2017 | viewed 19,701 times

    Canada’s oil industry has faced a lot of strain lately. The list of oil majors selling off assets and withdrawing from high-cost oil sands is…

  • Trump’s Atlantic Drilling Plan May Be A Lost Cause

    Published 20 August 2017 | viewed 5,099 times

    A key public comment period just ended for revising the offshore exploration program along the U.S. Atlantic Coast, and the path forward might not be…

  • Are Investors Bailing On U.S. Shale?

    Published 17 August 2017 | viewed 10,165 times

    U.S. oil production continues to grow, with the EIA reporting a shocking jump in output last week. Total U.S. production rose to 9.5 million barrels…

  • The Single Biggest Bullish Catalyst For Oil

    Published 16 August 2017 | viewed 23,074 times

    One of the key objectives for OPEC is to bring down inventories, a goal that has been elusive this year. But if the oil futures…

  • IEA: OPEC Must Extend Cuts To Balance Oil Markets

    Published 15 August 2017 | viewed 8,482 times

    U.S. shale is poised to outlast OPEC. It has long been the suspicion of many oil market analysts that the U.S. shale industry was likely…

  • Supply Risks Could Push Oil Prices Higher This Week

    Published 14 August 2017 | viewed 15,354 times

    Oil lost ground in the last few days on slipping OPEC compliance rates and fears of persistent oversupply. But the tightening of the oil market…

  • Will Oil Markets Rebalance Before The OPEC Deal Expires?

    Published 13 August 2017 | viewed 12,975 times

    The oil market is still on track to rebalance, although the pace is “stubborn” and will still take some time, the IEA said in a…

  • Oil Futures Point To Higher Oil Prices

    Published 10 August 2017 | viewed 24,931 times

    The EIA reported another strong week of inventory declines in its most recent data release, revealing a drawdown of 6.5 million barrels for the week…

  • Are Oil Bulls About To Be Burned Again?

    Published 09 August 2017 | viewed 11,884 times

    Oil investors have grown more optimistic as of late, as oil prices have moved back to $50 per barrel. The market appears to be on…

  • Big Oil Might Be In Better Shape Than U.S. Shale

    Published 09 August 2017 | viewed 6,407 times

    For much of the past three years, the oil majors have struggled to adapt to the new reality of low oil prices, while at the…

  • Did BP Just Unlock A New Major Shale Gas Basin?

    Published 08 August 2017 | viewed 11,285 times

    BP made a potentially groundbreaking discovery in New Mexico, which could open up a new area for shale gas development. BP was drilling in a…

  • Venezuela Rebellion Could Send Oil To $80

    Published 07 August 2017 | viewed 34,667 times

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets.…

  • ‘Nothing To See Here’ - Frackers Ignore Rising Well Decline Rates

    Published 06 August 2017 | viewed 27,429 times

    The Permian basin is starting to see decline rates from shale wells accelerate, a trend that could be the result of too much drilling. Shale…

  • Is The EIA Exaggerating U.S. Oil Production?

    Published 03 August 2017 | viewed 19,823 times

    Oil is back at $50 per barrel, restoring some semblance of confidence in the market. But that is just about as much as we can…

  • U.S. Oil Sanctions Could Push Venezuela To The Brink

    Published 03 August 2017 | viewed 8,008 times

    On July 30, Venezuela’s government moved forward with an internationally-criticized special assembly that will rewrite the constitution, a move widely seen as an attempt to…

  • Did The Arab Spring Disarm OPEC?

    Published 02 August 2017 | viewed 9,085 times

    OPEC is struggling with a floundering oil market, few prospects of higher oil prices, competition from U.S. shale, and dissension within its own ranks. The…

  • Have Oil Majors Really Adapted To $50 Oil?

    Published 01 August 2017 | viewed 6,476 times

    The oil majors, by and large, have posted dramatically better financial figures for the second quarter, a sign that their cost reduction efforts are bearing…

  • This Oil Price Rally Has Reached Its Limit

    Published 31 July 2017 | viewed 26,027 times

    Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more…

  • U.S. Shale Is Determined Not To Kill This Rally

    Published 30 July 2017 | viewed 21,270 times

    Oil prices moved closer to a two-month high on Friday, closing out the week with some of the strongest gains in 2017. Market sentiment has…

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