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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

  • Goldman: Oil Glut To Return When OPEC Deal Expires

    Published 24 May 2017 | viewed 30,092 times

    OPEC is about to extend its production cuts for another nine months in an effort to bring the oil market back into balance. Keeping in…

  • Does The U.S. Still Need A Strategic Petroleum Reserve?

    Published 24 May 2017 | viewed 7,716 times

    President Donald Trump released his official budget proposal this week, a plan that includes the sale of a significant chunk of the U.S. Strategic Petroleum…

  • Iraq Could Make Or Break The OPEC Deal

    Published 23 May 2017 | viewed 17,171 times

    The markets are betting that the OPEC extension is all but guaranteed after Saudi Arabia and Russia announced their intention to support a nine-month extension.…

  • The 5 Possible Outcomes Of The OPEC Meeting

    Published 22 May 2017 | viewed 27,998 times

    The highly-anticipated OPEC meeting will take place this week, but unlike the last few meetings, the hype and excitement is much less palpable. That is…

  • Shareholders Assess Climate Risks To Oil Majors

    Published 20 May 2017 | viewed 7,610 times

    On May 12, shareholders of Occidental Petroleum - the $46 billion company oil and gas company - passed a resolution calling on the company to…

  • ‘’Too Big To Hedge’’ Goldman Explains The Rationale Behind The OPEC Deal

    Published 18 May 2017 | viewed 20,432 times

    The key for OPEC in balancing the oil market is to flip the futures curve. Goldman Sachs warned that until the oil futures market moves decidedly…

  • Venezuela’s Oil Production On The Brink Of Collapse

    Published 17 May 2017 | viewed 42,691 times

    Desperation is spreading in Venezuela as violent protests continue to paralyze the country, further damaging the country’s shattered economy. Venezuela’s already-decrepit oil industry is deteriorating…

  • Iran’s Elections Could Disrupt Oil Markets

    Published 17 May 2017 | viewed 13,915 times

    Iran is gearing up for the May 19 presidential election, a critical vote that could reverberate around the world, affecting not just Iran, but also…

  • Has Global Oil Demand Really Surpassed Supply?

    Published 16 May 2017 | viewed 21,667 times

    Oil inventories are falling around the world, a sign that the global oil market has already moved from supply glut into a deficit, according to…

  • Will A 9-Month Production Cut Extension Be Enough?

    Published 15 May 2017 | viewed 13,105 times

    Oil prices surged on Monday after Russia and Saudi Arabia said they support an extension of the OPEC/non-OPEC production cuts. Oil prices have clawed back…

  • China And India On Aggressive Electric Vehicle Push

    Published 14 May 2017 | viewed 11,283 times

    China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice…

  • Can Tesla’s Solar Roof Smash The Competition?

    Published 11 May 2017 | viewed 17,845 times

    To much fanfare, Tesla’s Elon Musk unveiled his company’s newest creation on Wednesday – the solar roof. Tesla’s new solar roof has the appearance of…

  • Why Goldman Thinks You Should Go Long On Oil

    Published 10 May 2017 | viewed 46,438 times

    As pessimism sweeps over the oil market, a few prominent voices are unbowed, arguing that the market is well on its way towards balance. Goldman…

  • Libya, Nigeria, And Iraq – A Triple Threat To The OPEC Deal

    Published 10 May 2017 | viewed 8,631 times

    Saudi Arabia’s energy minister Khalid al-Falih tried to put the markets at ease by all but confirming that OPEC would extend its production cuts through…

  • Oil Below $65 Per Barrel…For Years

    Published 09 May 2017 | viewed 21,238 times

    Recognizing that something had to be done to halt the latest crash in oil prices, Saudi Arabia’s energy minister went public with his support not…

  • Will Hedge Funds Drive Oil Prices Even Lower?

    Published 08 May 2017 | viewed 13,208 times

    Andurand Capital reportedly liquidated all of its bullish bets on crude oil in recent days after posting steep losses so far this year. The fund…

  • Could Oil Drop To $42?

    Published 07 May 2017 | viewed 18,110 times

    The 5 percent selloff in oil prices on May 4 serves as a painful reminder that the oil market is still woefully oversupplied. But why…

  • Why Are The Oil Markets Crashing?

    Published 04 May 2017 | viewed 68,957 times

    WTI and Brent continued to tumble on Thursday, dropping to their lowest levels since the announcement of the OPEC deal back in November. Brent actually…

  • Trump Flirting With The Idea Of A Federal Gasoline Tax Increase

    Published 03 May 2017 | viewed 8,401 times

    U.S. President Donald Trump flirted with raising the federal gasoline tax this week, raising eyebrows by showing an openness to tackle a problem that has…

  • French Oil Giant Total Earning Like It's 2014

    Published 03 May 2017 | viewed 8,134 times

    Profits are finally on the rise again for the oil majors. Big Oil reported its best quarter in years, a sign that the industry is…

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