• The Price Responsiveness of Shale Producers: Evidence From Micro Data 

      Aastveit, Knut Are; Bjørnland, Hilde C.; Gundersen, Thomas S. (CAMP Working Paper Series;05/2021, Working paper, 2021-09-11)
      Shale oil producers respond positively and significantly to favourable oil price signals. This finding is established using a novel proprietary data set consisting of more than 200,000 shale wells across ten U.S. states ...
    • The Impact of U.S. Supply Shocks on the Global Oil Price 

      Gundersen, Thomas S. (CAMP Working Paper Series;7, Working paper, 2018-04)
      I examine the role of the U.S. shale oil boom in driving global oil prices. Using a structural vector autoregressive (SVAR) model that identifies separate oil supply shocks for the U.S. and OPEC, I find that U.S. supply ...