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Oil

US oil boom boosts GDP, but are high prices needed to avoid a recession?

Commodities | Energy | Electric Power | Nuclear | Energy Transition | Emissions | Renewables | Natural Gas | Natural Gas (European) | Oil | Crude Oil | Refined Products | Metals | Non-Ferrous | Steel Raw Materials

Market Movers Europe, Jan 17-21: Ukraine border tensions spike commodity price fears

Energy | Oil | Crude Oil

Platts Crude Oil Marketwire

Energy | Oil | Petrochemicals | Olefins | Polymers | Crude Oil

Asian Refining and Petrochemicals Summit

Energy | Coal | Metals | Coking Coal | Steel Raw Materials

BHP trims 2021-22 met coal guidance on La Nina, omicron

Energy | Energy Transition | Oil

Fuel for Thought: Alaska officials hit the road to make the case for oil, gas investment

Listen: US oil boom boosts GDP, but are high prices needed to avoid a recession?

On this week's Platts Capitol Crude, we look at the impact of the US shale boom on the US economy as the Trump administration continues to push the narrative that a recession is not imminent.

Mine Yucel and Michael Plante with the Federal Reserve Bank of Dallas call in to talk about the impact of US shale growth on GDP and how the correlation between oil prices and US economic health has changed.

Yucel and Plante wrote the paper "The US Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis," which claims that US light oil output caused a 1% jump in GDP.