The Outlook for U.S. Production of Shale Oil: Working Paper 2016-01
Mark Lasky
No 51599, Working Papers from Congressional Budget Office
Abstract:
This paper describes an approach to modeling U.S. production of energy from shale resources and the outlook for that production. Production is insensitive to the price of oil in the short run but quite responsive within two to three years.
JEL-codes: L70 L71 O49 Q40 Q58 (search for similar items in EconPapers)
Date: 2016-05-18
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:51599
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