The LNG Market Is “Imploding” by Nick Cunningham • Apr 27, 2020 • 66 Comments While everyone is watching the meltdown in the crude oil market, the global market for natural gas is also cratering.
U.S. Oil Drilling Grinds to Halt at Key Shale Hotspots by Nick Cunningham • Apr 15, 2020 • 87 Comments The sudden declines in production illustrates the fatal flaw in the shale business model.
Oilfield Services Face Crisis as Shale Slowdown Worsens by Nick Cunningham • Oct 22, 2019 • 37 Comments Shale oil producers are under fire from investors, while most analysts see a supply glut in 2020.
Fracking in California is About to Get a Lot More Difficult by Nick Cunningham • Jul 15, 2019 • 42 Comments Governor Newsom, six months on the job, finds out what’s actually going on.
A ‘’Gusher Of Red Ink’’ for US Shale by Nick Cunningham • Jun 8, 2019 • 34 Comments Over 170 shale companies have declared bankruptcy since 2015, affecting $100 billion in debt, including 8 bankruptcies already this year.
The Gas Flaring Crisis in the US Oil Patch by Nick Cunningham • Jun 6, 2019 • 43 Comments In its relentless pursuit of oil, the shale industry burns more and more gas into the air. This wasted gas exceeds the yearly demand of nations such as Colombia.
Huge Backlog Could Trigger New Wave Of Shale Oil by Nick Cunningham • Jan 21, 2019 • 22 Comments Just what the crude oil market needs.
The U.S. Oil Industry’s Dirty Little Secret by Nick Cunningham • Dec 13, 2018 • 65 Comments Because greater fuel economy for cars is toxic for the oil industry.
Why Is Canadian Crude Selling For Under $25? by Nick Cunningham • Oct 23, 2018 • 31 Comments No recovery for the oil industry in Alberta.
Shale Profits Remain Elusive by Nick Cunningham • Aug 15, 2018 • 35 Comments This time was supposed to be different.
