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Modern Refineries, Shale Boom Upend Traditional Oil Price Relationships

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  • Michael D. Plante
  • Grant Strickler

Abstract

Different crude oils can sell for dramatically different prices with sometimes far-reaching effects on the energy industry—from impacts on oil producers’ production decisions to oil refineries’ profit margins.

Suggested Citation

  • Michael D. Plante & Grant Strickler, 2019. "Modern Refineries, Shale Boom Upend Traditional Oil Price Relationships," Dallas Fed Economics 89342, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:d00001:89342
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    File URL: https://www.dallasfed.org/research/economics/2019/0409
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