The Response of U.S. Investment to Oil Price Shocks: Does the Shale Boom Matter?
نویسندگان
چکیده
منابع مشابه
Shale Boom in the Us
Implementation of hydraulic fracturing dramatically altered the fundamentals in the oil and gas markets. A new technology rst got implemented in the natural gas market, but by 2012 unprecedentedly low gas prices forced most exploration rms to switch to shale oil exploration. Large capital expenditure on drilling activity resulted in the growth of oil production in the US, and likely triggered t...
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ژورنال
عنوان ژورنال: The Federal Reserve Bank of Kansas City Economic Review
سال: 2018
ISSN: 0161-2387
DOI: 10.18651/er/4q18cakirmelek