G2TT
来源类型Papers
规范类型报告
DOIhttps://doi.org/10.26889/9781907555800
US Tight Oils – prospects and implications
Amrita Sen
发表日期2013-10-03
出版年2013
页码11
语种英语
概述This paper examines the implications of the rapid growth in US tight oil production for US and global energy markets. The behaviour of US crude markets is analysed, with a particular focus on changing arbitrage dynamics. The rapid growth in US tight oils production was not met with an equally fast response by the US […]
摘要This paper examines the implications of the rapid growth in US tight oil production for US and global energy markets. The behaviour of US crude markets is analysed, with a particular focus on changing arbitrage dynamics. The rapid growth in US tight oils production was not met with an equally fast response by the US midstream companies, resulting in severe regional crude price dislocations. These lower regional prices impacted on producer profits and, more significantly, benefitted refineries that secured cheap feedstock and sold end products at levels linked to global product markets. However, we argue that globally, US tight oil production has primarily impacted price spreads though changes in trade flows, rather than absolute oil price levels, given various offsetting factors such as extremely weak supplies from outside the US.‎ Put another way, we argue that perhaps the correct way of seeing the US supply shock is not as something that should result in the collapse of prices, but instead as a factor that has prevented prices from being significantly higher.
主题Country and Regional Studies ; Finance ; OIES - Saudi Aramco Fellowship ; Oil
关键词Amrita Sen price spreads tight oil USA WPM 51 WPM51
URLhttps://www.oxfordenergy.org/publications/us-tight-oils-prospects-and-implications/
来源智库Oxford Institute for Energy Studies (United Kingdom)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/312280
推荐引用方式
GB/T 7714
Amrita Sen. US Tight Oils – prospects and implications. 2013.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
WPM-51.pdf(1389KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Amrita Sen]的文章
百度学术
百度学术中相似的文章
[Amrita Sen]的文章
必应学术
必应学术中相似的文章
[Amrita Sen]的文章
相关权益政策
暂无数据
收藏/分享
文件名: WPM-51.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。