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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

  • Natural Gas Prices Could Plunge Below $2

    Published 14 March 2017 | viewed 25,220 times

    So far this year, natural gas has performed the worst among major commodities, posting painful losses in January and February. It has rebounded somewhat in…

  • New Oil Price War Looms As The OPEC Deal Falls Short

    Published 13 March 2017 | viewed 49,939 times

    Last November, OPEC orchestrated an impressive feat: corralling all (or nearly all) of its members to sign on to relatively aggressive production cut deal, and…

  • Keystone XL Does Not Make Sense Anymore

    Published 13 March 2017 | viewed 23,179 times

    Canada’s oil industry is facing a dilemma – three major proposed pipelines but perhaps only room enough for two of them. For years, the oil…

  • Huge Oil Find Could Save Alaska’s Oil Sector

    Published 12 March 2017 | viewed 17,284 times

    Spanish oil firm Repsol SA just announced the largest onshore oil discovery in the U.S. in three decades, a 1.2 billion barrel find on Alaska’s…

  • U.S. Shale Kills Off The Oil Price Rally

    Published 09 March 2017 | viewed 35,822 times

    Oil prices plunged on Wednesday and Thursday, dropping to their lowest levels since December when the optimism surrounding the OPEC deal was just getting underway.…

  • OPEC Offers Olive Branch To U.S. Shale

    Published 08 March 2017 | viewed 24,139 times

    Anybody who is anybody in the world of oil is gathering in Houston this week for the IHS CERAWeek Conference, an annual get-together of top…

  • Can U.S. Shale Fight Off Rising Costs?

    Published 08 March 2017 | viewed 7,388 times

    Shale drilling has become a lot cheaper over the past three years, with new drilling techniques, efficiency gains and learning-by-doing helping to lower breakeven costs.…

  • IEA: Huge Oil Price Spike Inevitable

    Published 07 March 2017 | viewed 72,764 times

    Three years of drastic cuts to upstream spending because of the meltdown in oil prices could result in a shortage of oil supply in a…

  • Trump To Undo Fuel Efficiency Standards

    Published 06 March 2017 | viewed 15,402 times

    The Trump administration is set to undo one of former President Obama’s signature achievements. On Tuesday, the EPA and the Transportation Department are expected to…

  • U.S. Shale Production Growing At An Unprecedented Pace

    Published 05 March 2017 | viewed 17,655 times

    The oil markets have long expected that U.S. shale production would rebound once oil prices started to rise. But the comeback of shale could be…

  • Exxon Betting Big On U.S. Shale

    Published 02 March 2017 | viewed 9,279 times

    ExxonMobil’s new CEO Darren Woods announced a dramatic shift towards shale drilling this week, a new strategy that will prioritize drilling thousands of smaller wells…

  • Saudi King Goes East In Search Of Friends And Cash

    Published 01 March 2017 | viewed 9,052 times

    The Saudi King kicked off a month-long tour of Asia this week, as the oil kingdom looks to bolster ties in the east as it…

  • Oil Majors' Costs Have Risen 66% Since 2011

    Published 28 February 2017 | viewed 9,464 times

    The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead.…

  • OPEC Deal Cancelled Out By Rising Shale Output

    Published 28 February 2017 | viewed 14,320 times

    U.S. oil production continues to rise, threatening to offset much of the output reductions from OPEC, and yet again pushing out the time horizon for…

  • Next Oil Rally? Futures Say Market Is Tightening

    Published 27 February 2017 | viewed 17,928 times

    U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside. Storing crude…

  • Have The Majors Given Up On Canada’s Oil Sands?

    Published 26 February 2017 | viewed 20,617 times

    Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently. Canada’s oil sands are incredibly expensive, some…

  • Gasoline Glut Remains The Biggest Red Flag For Oil Markets

    Published 23 February 2017 | viewed 7,216 times

    In a sign that the gasoline glut is not going away, U.S. refiners are succumbing to poor market conditions, reluctantly moving to cut back on…

  • Oil To $70? Or Down To $30?

    Published 22 February 2017 | viewed 43,292 times

    Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all…

  • The Discounts Are Over: U.S. Shale Is About To Get More Expensive

    Published 22 February 2017 | viewed 21,796 times

    The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an…

  • Natural Gas Bulls Crushed As Prices Tank

    Published 21 February 2017 | viewed 19,468 times

    Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a…

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