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Lifting the U.S. Crude Oil Export Ban: Prospects for Increasing Oil Market Efficiency

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Abstract

Repealing the U.S. ban on crude oil exports led to increased trade and efficiency in the oil market.

Suggested Citation

  • Nida Çakır Melek & Elena Ojeda, 2017. "Lifting the U.S. Crude Oil Export Ban: Prospects for Increasing Oil Market Efficiency," Economic Review, Federal Reserve Bank of Kansas City, issue Q II, pages 51-74.
    • Handle: RePEc:fip:fedker:00053
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    File URL: https://www.kansascityfed.org/documents/468/Lifting_the_U.S._Crude_Oil_Export_Ban_Prospects_for_Increasing_Oil_Market_Efficiency06.pdf
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    References listed on IDEAS

    as
    1. Lutz Kilian, 2009. "Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market," American Economic Review, American Economic Association, vol. 99(3), pages 1053-1069, June.
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    Cited by:

    1. Nida Çakır Melek & Michael D. Plante & Mine K. Yücel, 2017. "The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis Nida," Research Working Paper RWP 17-10, Federal Reserve Bank of Kansas City.
    2. Shaun McRae, 2017. "Crude Oil Price Differentials and Pipeline Infrastructure," NBER Working Papers 24170, National Bureau of Economic Research, Inc.
    3. Maitham A. Rodhan, 2023. "The Effect of US Shale Oil Production on Local and International Oil Markets," International Journal of Energy Economics and Policy, Econjournals, vol. 13(4), pages 433-443, July.

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    Keywords

    Energy; Exports; Oil;
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