Frac stages completed to date Net wells drilled in 2016 Net locations
... performance. This cross-functional team approach fosters constructive creativity and collaboration throughout the organization. Teams are able to transfer results from their tests and quickly pick up best practices from other regions. ...
... performance. This cross-functional team approach fosters constructive creativity and collaboration throughout the organization. Teams are able to transfer results from their tests and quickly pick up best practices from other regions. ...
Markups and Oil Prices in Canada
... effects of oil price movements on the markup. When oil prices rise in the international market, the producers of crude oil in Canada earn more as long as there is no change in cost conditions in this sector. This leads to a rise in the markup in the oil-producing sector which can in turn raise the a ...
... effects of oil price movements on the markup. When oil prices rise in the international market, the producers of crude oil in Canada earn more as long as there is no change in cost conditions in this sector. This leads to a rise in the markup in the oil-producing sector which can in turn raise the a ...
oil price shocks
... 5.1 Results of unit root tests (PP) ---------------------------------------------------------- 48 5.2 Results of unit root tests (KPSS) -------------------------------------------------------51 5.3 Results of cointegration tests------------------------------------------------------------56 5.4 Ortho ...
... 5.1 Results of unit root tests (PP) ---------------------------------------------------------- 48 5.2 Results of unit root tests (KPSS) -------------------------------------------------------51 5.3 Results of cointegration tests------------------------------------------------------------56 5.4 Ortho ...
The Determinants of Stagflation in a Panel of Countries
... empirical pattern. In line with Hamilton (2009), we also nd that the impact of oil has risen again in recent years and that oil has indeed contributed to the recession following the Financial Crisis. Another crucial determinant turns out to be the interest rate, providing evidence for the monetary ...
... empirical pattern. In line with Hamilton (2009), we also nd that the impact of oil has risen again in recent years and that oil has indeed contributed to the recession following the Financial Crisis. Another crucial determinant turns out to be the interest rate, providing evidence for the monetary ...
The Determinants of Stagflation in a Panel of Countries
... empirical pattern. In line with Hamilton (2009), we also nd that the impact of oil has risen again in recent years and that oil has indeed contributed to the recession following the Financial Crisis. Another crucial determinant turns out to be the interest rate, providing evidence for the monetary ...
... empirical pattern. In line with Hamilton (2009), we also nd that the impact of oil has risen again in recent years and that oil has indeed contributed to the recession following the Financial Crisis. Another crucial determinant turns out to be the interest rate, providing evidence for the monetary ...
no blood for oil?
... Competition over access to energy and natural resources (oil, gas, metals, minerals, food and water) is increasing, in particular due to strong population growth, industrialization and the rise of an increasingly affluent middle class in emerging economies. This in turn fuels a sharp increase in dem ...
... Competition over access to energy and natural resources (oil, gas, metals, minerals, food and water) is increasing, in particular due to strong population growth, industrialization and the rise of an increasingly affluent middle class in emerging economies. This in turn fuels a sharp increase in dem ...
Pricing Crude Oil Calendar Spread Options
... markets, energy commodities have assumed a predominant role due to the recent worldwide energy liberalization process that is still taking place even in the most developed countries. Moreover, the significant increase in the demand for energy, in particular due to the spectacular economic growth of ...
... markets, energy commodities have assumed a predominant role due to the recent worldwide energy liberalization process that is still taking place even in the most developed countries. Moreover, the significant increase in the demand for energy, in particular due to the spectacular economic growth of ...
What drives Inflation Expectations?
... those countries and clearly shows the steep decline in the past two years. We use the sample from December 2007 to December 2015 to have complete series for all countries, but data are available since April 2004 for the Eurozone and the UK, since July 2004 for the US, since March 2007 for Japan, sin ...
... those countries and clearly shows the steep decline in the past two years. We use the sample from December 2007 to December 2015 to have complete series for all countries, but data are available since April 2004 for the Eurozone and the UK, since July 2004 for the US, since March 2007 for Japan, sin ...
Australia and the Global LNG Market
... Of Australia’s current LNG production, only around 5–10 per cent is estimated to be sold on a short-term basis. The share of shorter-term pricing is not expected to change significantly over the next few years. This is mainly because producers have to recover significant costs associated with develo ...
... Of Australia’s current LNG production, only around 5–10 per cent is estimated to be sold on a short-term basis. The share of shorter-term pricing is not expected to change significantly over the next few years. This is mainly because producers have to recover significant costs associated with develo ...
Strategic Non-Renewable Resource Governance: A History of
... conventional and unconventional non-renewable resource development. In this masters thesis I build on the understanding of a natural resource as part of the natural environment that is modified and used by human society.2 I split natural resources into either renewable or non-renewable resources. A ...
... conventional and unconventional non-renewable resource development. In this masters thesis I build on the understanding of a natural resource as part of the natural environment that is modified and used by human society.2 I split natural resources into either renewable or non-renewable resources. A ...
NBER WORKING PAPER SERIES PRICE INERTIA AND INFLATION: EVIDENCE AND THEORETICAL RATIONALE
... firms to uncertainty, the cost of adjusting prices, the contents of the long— term contracts In the goods and Input markets, the extent and variability of excess demand may differ among firms and industries. The structure of the industry, the degree of heterogeneity of the products In a market, the ...
... firms to uncertainty, the cost of adjusting prices, the contents of the long— term contracts In the goods and Input markets, the extent and variability of excess demand may differ among firms and industries. The structure of the industry, the degree of heterogeneity of the products In a market, the ...
V. The OPEC Disease - Amazon Web Services
... benefited from their access to petroleum revenues, as have their peoples. Moving forwards towards diversification, better balanced economies, and creating effective jobs for their citizens does present serious challenges in every case, but all economies face serious challenges of some kind, and the ...
... benefited from their access to petroleum revenues, as have their peoples. Moving forwards towards diversification, better balanced economies, and creating effective jobs for their citizens does present serious challenges in every case, but all economies face serious challenges of some kind, and the ...
Forecasting the Price of Oil
... generate conditional projections of how the oil price forecast would deviate from the unconditional forecast benchmark, given alternative scenarios such as a surge in speculative demand similar to previous historical episodes, a resurgence of the global business cycle, or increased U.S. oil producti ...
... generate conditional projections of how the oil price forecast would deviate from the unconditional forecast benchmark, given alternative scenarios such as a surge in speculative demand similar to previous historical episodes, a resurgence of the global business cycle, or increased U.S. oil producti ...
Russian Oil DA - GDI - 2011
... encountered in other major industrialized economies. It was the economic stagnation of the former Soviet Union that led to its political downfall. Similarly, Medvedev and Putin, both intimately acquainted with their nation’s history, are unquestionably alarmed at the prospect that Russia’s economic ...
... encountered in other major industrialized economies. It was the economic stagnation of the former Soviet Union that led to its political downfall. Similarly, Medvedev and Putin, both intimately acquainted with their nation’s history, are unquestionably alarmed at the prospect that Russia’s economic ...
Statement March 2015 Contents
... World oil prices are about 50 percent below their June-2014 peak, more reflecting increased supply than demand factors. The fall in oil prices is net positive for global economic growth, but will further reduce inflation in the near term, at a time when global inflation is already very low. The dome ...
... World oil prices are about 50 percent below their June-2014 peak, more reflecting increased supply than demand factors. The fall in oil prices is net positive for global economic growth, but will further reduce inflation in the near term, at a time when global inflation is already very low. The dome ...
Destabilizing Commodity Market Speculation
... are two identical strategic sellers (or quantity duopolist), who supply oil-claims to meet consumers’/retailers’ excess-demand for oil-claim and in the process maximize their own firm value. We call these two strategic sellers: seller a and seller b. Both these sellers maintain their position of dom ...
... are two identical strategic sellers (or quantity duopolist), who supply oil-claims to meet consumers’/retailers’ excess-demand for oil-claim and in the process maximize their own firm value. We call these two strategic sellers: seller a and seller b. Both these sellers maintain their position of dom ...
The impact of oil price on the stability of money demand in Saudi
... economy. In this respect the stability of money demand equation plays an important role in determining which monetary policy tools can be the best choice and target for Central Banks. To this end, monetary policy would target the interest rate if the aggregate demand shocks come from changes in mone ...
... economy. In this respect the stability of money demand equation plays an important role in determining which monetary policy tools can be the best choice and target for Central Banks. To this end, monetary policy would target the interest rate if the aggregate demand shocks come from changes in mone ...
New Keynesian Macroeconomics
... Fact 8: Price changes are typically not synchronized over the business cycle. Example for synchronization: sellers accelerate price increases in response to positive monetary shocks and postpone them following negative monetary shocks. This may lead to reduced real effects of monetary policy. In the ...
... Fact 8: Price changes are typically not synchronized over the business cycle. Example for synchronization: sellers accelerate price increases in response to positive monetary shocks and postpone them following negative monetary shocks. This may lead to reduced real effects of monetary policy. In the ...
Commodity Price Volatility and Monetary Policy
... Commodities are on the move. In July of this year commodity prices reached near-record highs. Then, almost as quickly as they rose, commodity markets collapsed and prices fell to levels not seen in over a year. Until this collapse, commodities had enjoyed a bull market since late 2001, with the last ...
... Commodities are on the move. In July of this year commodity prices reached near-record highs. Then, almost as quickly as they rose, commodity markets collapsed and prices fell to levels not seen in over a year. Until this collapse, commodities had enjoyed a bull market since late 2001, with the last ...
Oil Demand, Oil Prices, Economic Growth and the Resource Curse
... majority of years since the early 1900s. In all probability, this trend will continue with the majority of the growth coming from the emerging economies - hence the global importance of oil is likely to continue. Against this backdrop, this thesis aims to analyse empirically the relationship between ...
... majority of years since the early 1900s. In all probability, this trend will continue with the majority of the growth coming from the emerging economies - hence the global importance of oil is likely to continue. Against this backdrop, this thesis aims to analyse empirically the relationship between ...
Essays on the Liquidity Trap, Oil Shocks, and the Great Moderation
... The second thesis chapter (co-authored with Andrea Pescatori) studies the implications of imperfect competition in the oil market, and in particular the existence of a welfare-relevant trade-off between in ation and output gap volatility. In the standard New Keynesian model exogenous oil shocks do n ...
... The second thesis chapter (co-authored with Andrea Pescatori) studies the implications of imperfect competition in the oil market, and in particular the existence of a welfare-relevant trade-off between in ation and output gap volatility. In the standard New Keynesian model exogenous oil shocks do n ...
PRICE DYNAMICS AND PRODUCTION LAGS
... are themselves produced by intermediate inputs in period t-2, and so on indefinitely . Thus only a demand reduction that has been anticipated in the infinite past can generate fulL immediate price adjustment. (Clearly. this feature is augmented when there are long chains of production. each associat ...
... are themselves produced by intermediate inputs in period t-2, and so on indefinitely . Thus only a demand reduction that has been anticipated in the infinite past can generate fulL immediate price adjustment. (Clearly. this feature is augmented when there are long chains of production. each associat ...
Price Level
... • In the late 1980s and through most of the 1990s, oil prices fell, prompting OPEC (along with Mexico, Norway, and Russia) to restrict output and raise prices (up to $34 per barrel in March 2000). This price shock did not cause the cost-push inflation and recessionary conditions as with previous sho ...
... • In the late 1980s and through most of the 1990s, oil prices fell, prompting OPEC (along with Mexico, Norway, and Russia) to restrict output and raise prices (up to $34 per barrel in March 2000). This price shock did not cause the cost-push inflation and recessionary conditions as with previous sho ...
The Oil Boom in the GCC Countries 2002-2008
... that aims at broadening and deepening the scope of economic exchange beyond the movement of goods and services to facilitate both capital and labor mobility. It is yet to be seen what kind of institutional arrangements will be developed to efficiently enforce agreements in that direction. GCC countr ...
... that aims at broadening and deepening the scope of economic exchange beyond the movement of goods and services to facilitate both capital and labor mobility. It is yet to be seen what kind of institutional arrangements will be developed to efficiently enforce agreements in that direction. GCC countr ...
1973 oil crisis
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of the OPEC plus Egypt and Syria) proclaimed an oil embargo. By the end of the embargo in March 1974, the price of oil had risen from $3 per barrel to nearly $12. The oil crisis, or ""shock"", had many short-term and long-term effects on global politics and the global economy. It was later called the ""first oil shock"", followed by the 1979 oil crisis, termed the ""second oil shock.""