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From Importer to Exporter: Oil Shocks and the U.S. Economy

The shale revolution shifted how oil supply shocks affect the U.S. economy: contractionary effects weakened and became expansionary as the nation transitioned to net petroleum exporter.

Featured in No. 136 on 23 Oct 2026 · 4 days after release

Oil price shock effects on U.S. industrial production, inflation, and interest rates comparing pre-2019 and 2021 scenarios.
Figure 17: The 2022 oil price increase under alternative U.S. petroleum trade positions
Released
19 Oct 2026
First featured
No. 136 · 23 Oct 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
3 of 5
Identifier
RePEc:nbr:nberwo:35864
Authors
Diego R. Känzig et al.

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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