The impact of the shale oil revolution on U.S. oil and gasoline prices

Review of Environmental Economics and Policy

Volumn 10, Issue 2, 2016, Pages 185-205

  Kilian, Lutz ^a  

^a UNIVERSITY OF MICHIGAN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

CRUDE OIL; OIL PRODUCTION; OIL SHALE; OIL TRADE; PETROLEUM; PRICE DYNAMICS;

UNITED STATES;

EID: 84991442305     PISSN: 17506816     EISSN: 17506824     Source Type: Journal    
DOI: 10.1093/reep/rew001     Document Type: Article

References (21)

1. Allcott, H., and D. Keniston. 2014. Dutch disease or agglomeration? The local economic effects of natural resource booms in modern America. NBER Working Paper 20508, National Bureau of Economic Research, Cambridge, MA
2. Hughes Baker. 2013. Overcoming shale oil processing challenges. White Paper, Baker Hughes, Houston,TX
3. Baumeister, C., and L. Kilian. 2016. Understanding the decline in the price of oil since June 2014.Journal of the Association of Association of Environmental and Resource Economists 3:131-158
4. Benoit, B., and J. Zurlo. 2014. Overcoming the challenges of tight/shale oil refining. Processing Shale Feedstocks 37-44
5. Borenstein, S., and R. Kellogg. 2014. The incidence of an oil glut: who benefits from cheap crude oil in the Midwest? Energy Journal 35:15-33
6. Covert, T. R. 2014. Experiential and social learning in firms: the case of hydraulic fracturing in the Bakken shale." Manuscript, University of Chicago
7. Esser, C. 2014. Rail vs. pipelines: how to move oil.IEA Energy 6:11
8. Fitzgerald, T., and R. R. Rucker. 2014. U.S. private oil and natural gas royalties: estimates and policy considerations. Manuscript, Montana State University
9. Hamilton, J. D. 2009. Causes and consequences of the oil shock of 2007-08. Brookings Papers on Economic Activity 1:215-261
10. Hausman, K., and R. Kellogg. 2015. Welfare and distributional implications of shale gas. Brookings Papers on Economic Activity Spring:71-125
11. International Energy Agency. 2012. World Energy Outlook 2012. Paris: OECD/IEA
12. International Monetary Fund. 2013. United States: Selected Issues. IMF Country Report No. 13/237, Western Hemisphere Department
13. Kilian, L. 2014. Oil price shocks: causes and consequences. Annual Review of Resource Economics 6:133-154
14. Kilian. 2016. The impact of the fracking boom on Arab oil producers. Manuscript, University of Michigan
15. Mauro, F., M. Wood, M. Mattingly, M. Price, S. Herzenberg, and S. Ward. 2013. Exaggerating the employment impacts of shale drilling: how and why?Harrisburg, PA: Multi-State Shale Research Collaborative
16. Manescu, C.B., and G. Nuño. 2015. Quantitative effects of the shale oil revolution. Energy Policy 86:855-866
17. Platts. 2013. Special report: new crudes, new markets. Price Group/Oil Division, March
18. Sieminski, A. 2014. Implications of the U.S. shale revolution. Presentation at the U.S.-Canada Energy Summit, October 17, 2014, U.S. Energy Information Administration, Washington, DC
19. U.S. Energy Information Administration. 2015a
20. U.S. crude oil production to 2025: updated projection of crude types. Washington, DC: U.S. Energy Information Administration, May 28
21. U.S. crude oil production to. 2015b. Shale gas and tight oil are commercially produced in just four countries. Washington,DC: U.S. Energy Information Administration,February 13