Details about Brian Charles Prest

Access statistics for papers by Brian Charles Prest.

Last updated 2020-10-29. Update your information in the RePEc Author Service.

Short-id: ppr415

Working Papers

2017

1. Informing SPR Policy Through Oil Futures and Inventory Dynamics
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
2. The Unconventional Oil Supply Boom: Aggregate Price Response from Microdata
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
   See also Journal Article in The Energy Journal (2019)

2016

3. Prices versus Quantities with Policy Updating
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
   See also Journal Article in Journal of the Association of Environmental and Resource Economists (2020)
4. Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
5. Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas Abstract: We analyze the relative price elasticity of unconventional versus conventional natural gas extraction. We separately analyze three key stages of gas production: drilling wells, completing wells, and producing natural gas from the completed wells. We find that the important margin is drilling investment, and neither production from existing wells nor completion times respond strongly to prices. We estimate a long-run drilling elasticity of 0.7 for both conventional and unconventional sources. Nonetheless, because unconventional wells produce on average 2.7 times more gas per well than conventional ones, the longrun price responsiveness of supply is almost 3 times larger for unconventional compared to conventional gas
   Discussion Papers, Resources For the Future

Journal Articles

2020

1. Peaking Interest: How Awareness Drives the Effectiveness of Time-of-Use Electricity Pricing
   Journal of the Association of Environmental and Resource Economists, 2020, 7, (1), 103 - 143 View citations (8)
2. Prices versus Quantities with Policy Updating
   Journal of the Association of Environmental and Resource Economists, 2020, 7, (3), 483 - 518 View citations (4)
   See also Working Paper (2016)

2019

3. The Unconventional Oil Supply Boom: Aggregate Price Response from Microdata
   The Energy Journal, 2019, Volume 40, (Number 3) View citations (30)
   See also Working Paper (2017)
4. Trophy Hunting versus Manufacturing Energy: The Price Responsiveness of Shale Gas
   Journal of the Association of Environmental and Resource Economists, 2019, 6, (2), 391 - 431 View citations (5)

2018

5. Explanations for the 2014 oil price decline: Supply or demand?
   Energy Economics, 2018, 74, (C), 63-75 View citations (17)