Fellow Jim Krane and graduate fellow Mark Agerton note that unique characteristics of U.S. shale oil production have allowed it to assume part of the "swing supply" role rejected by OPEC in November 2014.
Read “OPEC imposes ‘swing producer’ role upon U.S. shale: evidence and implications,” (PDF) in the third-quarter 2015 IAEE Energy Forum newsletter, published by the International Association for Energy Economics.
Aug. 27, 2015, 10:35 a.m.