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Nick Cunningham

Contributor since: 04 Nov 2013

Nick Cunningham

Biography

Nick Cunningham is a freelance writer on oil and gas, renewable energy, climate change, energy policy and geopolitics. He is based in Pittsburgh, PA.

Latest articles from Nick

  • Iraq Seizes Kirkuk, Briefly Knocks 350,000 Bpd Offline

    Published 16 October 2017 | viewed 8,264 times

    Oil prices spiked on Monday after Iraqi forces seized the oil fields around Kirkuk, which had largely been under Kurdish control since 2014. There were…

  • Chinese EV Boom Could Crash Oil Prices

    Published 15 October 2017 | viewed 32,319 times

    The rapid adoption of electric vehicles could cause oil prices to fall to $10 per barrel in less than a decade, according to the CEO…

  • Canada’s Pipeline Industry Takes Another Hit

    Published 14 October 2017 | viewed 16,457 times

    Another oil pipeline in Canada bites the dust. TransCanada announced last week that it would scrap its plans to build a 2,800-mile major pipeline that…

  • IEA: Oil Prices To Hit A Ceiling In 2018

    Published 12 October 2017 | viewed 35,501 times

    The global oil market continues to make progress, but the ongoing production gains from non-OPEC countries will probably act as a “the ceiling for aspirations…

  • Goldman Sachs: Inventory Drawdowns Will Not Continue

    Published 12 October 2017 | viewed 10,541 times

    The September oil price rally was predicated on improving oil market fundamentals, bolstering confidence that the rebalancing process was accelerating. But the inventory declines reported…

  • Is The War On Coal Really Over?

    Published 11 October 2017 | viewed 5,500 times

    “The war against coal is over.” That was the claim from EPA chief Scott Pruitt ahead of his announcement that he would rewrite a signature…

  • OPEC To Take Drastic Action Despite Shale Slowdown

    Published 10 October 2017 | viewed 26,504 times

    WTI recently dipped below $50 per barrel for the first time in a month, erasing the strong September rally. It’s no coincidence that after two…

  • Most ‘Competitive’ Oil In The World Befuddles Analysts

    Published 08 October 2017 | viewed 17,497 times

    U.S. oil exports hit record highs last week, doubling over the course of a week as the Gulf Coast clears out product backed up because…

  • The Permian Boom Is Coming To An End

    Published 05 October 2017 | viewed 62,099 times

    The pressure on shale drillers to throttle back on their aggressive drilling continues to crop up in new places, and there are growing signs that…

  • Activist Investors Crack Down On Shale CEO Salaries

    Published 04 October 2017 | viewed 9,840 times

    The growth-at-all-costs model for shale drillers has succeeded in ramping up U.S. oil production, but it hasn’t necessarily led to impressive financials. A group of…

  • IEA: “Era Of Expensive Renewables Is Over”

    Published 04 October 2017 | viewed 14,521 times

    After a record breaking year in 2016 for solar PV, the IEA overhauled its forecast for the next five years, significantly raising the projected growth…

  • What Really Killed The Oil Price Rally

    Published 03 October 2017 | viewed 29,102 times

    The oil market gained a lot of momentum in August and September, and Brent flirted with $60 per barrel toward the end of last month.…

  • U.S. Shale Isn’t As Strong As It Appears

    Published 02 October 2017 | viewed 24,174 times

    The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of…

  • ExxonMobil Dethroned As Top Energy Company

    Published 01 October 2017 | viewed 28,802 times

    Gazprom dethroned ExxonMobil as the top energy company in the world, according to the 2017 S&P Global Platts Top 250 Global Energy Company Rankings. The…

  • Trump Waives The Energy Market’s Least Favorite Law

    Published 28 September 2017 | viewed 7,298 times

    Under tremendous criticism, President Trump waived the Jones Act to aid in the response to the disaster in Puerto Rico, just days after refusing to…

  • The ‘’Silver Age’’ For Refiners

    Published 28 September 2017 | viewed 7,562 times

    Refining margins jumped after Hurricane Harvey, due to the sudden disruptions of a significant chunk of the world’s refining capacity. In fact, the outages highlight…

  • Oil Prices At A Ceiling, Or Just Getting Started?

    Published 27 September 2017 | viewed 29,422 times

    Oil moved back into bull market territory this week, with Brent prices jumping to a more than two-year high at $58 per barrel. A confluence…

  • Kurdish Vote Won’t Spark A Sustained Oil Price Rally

    Published 26 September 2017 | viewed 9,646 times

    Turkey and Iraq have stepped up the pressure on Kurdistan after the semi-autonomous region of Iraq voted for independence. Turkey’s President Recep Tayyip Erdogan threatened…

  • What Happens If Trump Trashes The Iran Nuclear Deal?

    Published 25 September 2017 | viewed 14,475 times

    U.S. President Donald Trump trashed the Iran nuclear deal at the UN last week, sparking speculation about whether he intends to pull the U.S. out…

  • OPEC’s Premature Victory Lap

    Published 24 September 2017 | viewed 10,179 times

    OPEC met on Friday to review the progress of their work over the past 9 months, assessing whether or not they should extend their current…

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