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Nick Cunningham

Contributor since: 04 Nov 2013

Nick Cunningham

Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon. 

Latest articles from Nick

  • IEA: Oil Demand To Fall For First Time In A Decade

    Published 15 February 2020 | viewed 27,323 times

    The IEA slashed its demand forecast for the first quarter of 2020, predicting that global oil consumption will contract for the first time in over…

  • Canada Rocked By Anti-Pipeline Protests

    Published 15 February 2020 | viewed 13,634 times

    Protests continue to swell over the Coastal Gaslink Pipeline, a long-distance pipeline carrying natural gas from Alberta to the Pacific Coast. The pipeline’s route would…

  • Shale Gas Drillers Are Facing A Perfect Storm

    Published 12 February 2020 | viewed 26,840 times

    Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will…

  • The Ticking Time Bomb That Could Crush Oil Markets

    Published 11 February 2020 | viewed 51,172 times

    Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut…

  • Oil And Gas Prices Fall As OPEC Fails To Act

    Published 10 February 2020 | viewed 27,266 times

    Oil sank again as OPEC+ backed away from an emergency meeting. OPEC’s Joint Technical Committee (JTC) recommended extending the current production cuts through the end…

  • OPEC+ Cuts Fail To Boost Oil Prices

    Published 08 February 2020 | viewed 28,549 times

    After deliberations, Russia appears set to support Saudi Arabia in the push for deeper production cuts. OPEC’s Joint Technical Committee met on Tuesday, and it…

  • Peak Shale Will Send Oil Prices Sky High

    Published 06 February 2020 | viewed 110,069 times

    Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply…

  • “Gasmaggedon” Sweeps Over Global Gas Market

    Published 05 February 2020 | viewed 43,456 times

    China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. LNG prices have already…

  • Oil Prices Already Reflect Huge Demand Destruction

    Published 04 February 2020 | viewed 27,021 times

    OPEC+ is moving quickly to try to halt the meltdown in oil prices as the demand hit from the coronavirus continues to grow. The Joint…

  • Exxon: An Oil Giant In Crisis

    Published 03 February 2020 | viewed 41,758 times

    Goldman Sachs downgraded ExxonMobil’s shares to Sell from Neutral, following another disappointing quarter. Exxon reported a drop in profits on Friday for the fourth quarter,…

  • Jim Cramer: ‘’Fossil Fuels Are Done’’

    Published 01 February 2020 | viewed 55,856 times

    “I’m done with fossil fuels. They’re done. They’re just done.” CNBC’s Jim Cramer didn’t even feel the need to address the disappointing earnings from the…

  • Shell’s Slide Is A Major Red Flag For Oil Markets

    Published 30 January 2020 | viewed 18,801 times

    Royal Dutch Shell reported a steep drop in earnings in the fourth quarter, and the financial squeeze may slow the pace of share buybacks and…

  • Exxon Stock Hits Decade Low Ahead Of Earnings

    Published 29 January 2020 | viewed 15,120 times

    Ahead of ExxonMobil’s fourth quarter earnings report, the oil major’s share price dropped to its lowest level in 10 years. Former CEO Rex Tillerson presided…

  • LNG Prices Fall To 10-Year Low

    Published 28 January 2020 | viewed 26,472 times

    The global gas glut continues to grow worse, with LNG prices recently dropping to a 10-year low. LNG prices in Asia recently fell below $4/MMBtu,…

  • Coronavirus Sends Panic Through Oil Markets

    Published 27 January 2020 | viewed 25,758 times

    Oil continued to slide on Monday, with Brent dropping well below $60 per barrel, as panic around the coronavirus continues to mushroom. The number of…

  • Demand Fears Are Driving Today’s Oil Markets

    Published 26 January 2020 | viewed 30,310 times

    Oil prices fell close to a three-month low on Friday, dragged down further by fears of weak demand. The proximate driver is the coronavirus in…

  • U.S. Shale Patch Sees Huge Jump In Bankruptcies

    Published 23 January 2020 | viewed 27,709 times

    More than 200 oil and gas companies in North America have filed for bankruptcy since 2015, and the list of casualties could continue to climb…

  • The Oil Industry’s Radioactive Secret

    Published 22 January 2020 | viewed 26,775 times

    “All oil-field workers are radiation workers.” That quote comes from a blockbuster investigation by Justin Nobel writing in Rolling Stone, who has spent more than…

  • The “Twin Threats” Facing Big Oil

    Published 21 January 2020 | viewed 40,304 times

    The global oil and gas industry is facing the “twin threats” of the loss of profitability and the loss of social acceptability as the climate…

  • Has Natural Gas Hit Rock Bottom?

    Published 20 January 2020 | viewed 41,694 times

    U.S. natural gas prices fell below $2/MMBtu on Friday for the first time in nearly four years. The gas market is suffering from oversupply, as…

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