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dc.contributor.authorUgur, H. K.
dc.contributor.authorDogan, N.
dc.contributor.authorBerument, M. Hakan
dc.date.accessioned2023-02-15T11:40:25Z
dc.date.available2023-02-15T11:40:25Z
dc.date.issued2022-10-09
dc.identifier.issn0301-4207
dc.identifier.urihttp://hdl.handle.net/11693/111343
dc.description.abstractDevelopments in shale oil production technologies made the US, already the most important oil consumer, an important oil producer and exporter. This paper examines the response of shale oil production across eight production basins in the US to both US domestic and foreign oil demand shocks. The empirical evidence reveals that shale oil production in the Permian basin responds to PADD 3 Exports shocks faster, and Western/Eagle Ford responds more rapidly to Refinery Utilization Rate shocks. On the other hand, the Appalachian basin responses to PADD 3 Exports and Refinery Utilization Rate shocks are slower/weaker than other basins. Moreover, basins closer to the PADD 3 region have stronger responses, whereas basins farther from the PADD3 have weak ones.en_US
dc.language.isoEnglishen_US
dc.source.titleResources Policyen_US
dc.relation.isversionofhttps://doi.org/10.1016/j.resourpol.2022.102991en_US
dc.subjectShale oilen_US
dc.subjectShale basinsen_US
dc.subjectFactor augmented vector autoregressive modelen_US
dc.titleEffects of US foreign and domestic shocks on US shale oil production across different basinsen_US
dc.typeArticleen_US
dc.departmentDepartment of Economicsen_US
dc.citation.spage102991- 1en_US
dc.citation.epage102991- 18en_US
dc.citation.volumeNumber79en_US
dc.identifier.doi10.1016/j.resourpol.2022.102991en_US
dc.publisherElsevier Ltden_US
dc.contributor.bilkentauthorBerument, M. Hakan
dc.embargo.release2024-10-09
dc.identifier.eissn1873-7641
buir.contributor.orcidBerument, M. Hakan|0000-0003-2276-4741en_US


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