Trésor-Economics No. 257 - The Impact of Oil Prices on the US EconomyAnonyme (non vérifié)Jeu 30/04/2020 - 00:10
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https://www.tresor.economie.gouv.fr/Articles/2020/03/05/tresor-economics-no-257-the-impact-of-oil-prices-on-the-us-economy
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Since the late 2000s, the development of unconventional drilling techniques has greatly increased oil and gas production in the United States. The total net effect of higher oil prices on U.S. activity would remain negative despite the shale revolution. The decline in household purchasing power due to higher fuel prices would only be partly offset by the strong increase in investment in the oil and gas sector.