Effects of Low Oil Prices on U.S. Shale Production: OPEC Calls the Tune and Shale Swings
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
James A. Baker III Institute for Public Policy
Abstract
Description
What happens when Saudi Arabia, the world's swing producer of oil, rejects its traditional market-balancing role? The job falls to American shale oil producers, which, initial data show, appear to be assuming the Saudi role. Using data collected by the Austin energy analytics firm Drillinginfo, Baker Institute energy fellow Jim Krane and energy studies graduate fellow Mark Agerton write that some shale producers are cutting back on drilling and new production in response to plummeting oil prices.
Advisor
Degree
Type
Research paper
Keywords
Citation
Krane, Jim and Agerton, Mark. "Effects of Low Oil Prices on U.S. Shale Production: OPEC Calls the Tune and Shale Swings." (2015) James A. Baker III Institute for Public Policy: http://bakerinstitute.org/research/effects-low-oil-prices-us-shale-production-opec-calls-tune-and-shale-swings/.