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Author:Strickler, Grant 

Working Paper
Closer to One Great Pool? Evidence from Structural Breaks in Oil Price Differentials

We show that the oil market has become closer to ?one great pool,? in the sense that price differentials between crude oils of different qualities have generally become smaller over time. We document, in particular, that many of these quality-related differentials experienced a major structural break in or around 2008, after which there was a marked reduction in their means and, in many cases, volatilities. Several factors explain these shifts, including a growing ability of the global refinery sector to process lower-quality crude oil and the U.S. shale boom, which has unexpectedly boosted ...
Working Papers , Paper 1901

Journal Article
Spotlight: Shale Oil Propels U.S. Crude Export Increase

Crude oil exports from the U.S. are rising, reaching 2.2 million barrels per day (mb/d) in June 2018, triple the 2016 average and the highest ever for the nation. More than 90 percent of crude exports this year have originated on the Gulf Coast, generating jobs, capital and income for ports in Houston and Corpus Christi.
Southwest Economy , Issue Q3 , Pages 18-18

Journal Article
Go Figure: Texas Graduation Rates Commendable, but State Could Fall Behind

Southwest Economy , Issue Q2 , Pages 19-19

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