Measurement and Analysis of US tight oil Determinants. An applied study for the period (2004-2019)

  • Wisam H. Ali Al-Anezi
  • Mamdooh Attallah Faihan
  • Abed Ali Hamad

Resumen

This study aims to demonstrate knowledge of the factors determining the production of American shale oil during the period (2004-2019), as (global demand for crude oil, global crude oil supply, West Texas oil prices, global growth rate and world population) were used as factors Shale oil production was determined, and the VECM model was used to analyze the long and short term relationship and the results demonstrated that there is a long-term bal- ance relationship between all independent variables and shale production as a dependent variable except for the global demand variables for crude oil and the reason may be that the changes That you get in the global demand for Aft crude is absorbed through changes in crude oil production without compro- mising the US shale oil, and the global variable as the growth of the changes that you get this variable may affect the quantities produced and sold crude oil as well.

Biografía del autor/a

Wisam H. Ali Al-Anezi
Asst. Prof. Dr. College of Administration and Economics / University of Anbar
Mamdooh Attallah Faihan
L. Dr. College of Administration and Economics / University of Anbar
Abed Ali Hamad
Asst. Prof. Dr. College of Administration and Economics / University of Anbar

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Publicado
2019-10-19
Cómo citar
Ali Al-Anezi, W. H., Attallah Faihan, M., & Ali Hamad, A. (2019). Measurement and Analysis of US tight oil Determinants. An applied study for the period (2004-2019). Opción, 35, 1032-1063. Recuperado a partir de https://produccioncientificaluz.org/index.php/opcion/article/view/32265