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    Effects of Low Oil Prices on U.S. Shale Production: OPEC Calls the Tune and Shale Swings

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    Author
    Krane, Jim; Agerton, Mark
    Date
    2015
    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.
    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 of Rice University: http://bakerinstitute.org/research/effects-low-oil-prices-us-shale-production-opec-calls-tune-and-shale-swings/.
    Type
    Research paper
    Publisher
    James A. Baker III Institute for Public Policy of Rice University
    Citable link to this page
    https://hdl.handle.net/1911/91278
    Link to related resources
    http://bakerinstitute.org/research/effects-low-oil-prices-us-shale-production-opec-calls-tune-and-shale-swings/
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    Home | FAQ | Contact Us | Privacy Notice | Accessibility Statement
    Managed by the Digital Scholarship Services at Fondren Library, Rice University
    Physical Address: 6100 Main Street, Houston, Texas 77005
    Mailing Address: MS-44, P.O.BOX 1892, Houston, Texas 77251-1892
    Site Map