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Breakeven Oil Prices Underscore Shale’s Impact on the Market

Kunal Patel and Michael Plante

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices

Keywords: Energy; Economic Conditions (search for similar items in EconPapers)
Date: 2019-05-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:89333

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