{"id":2539,"date":"2016-02-26T20:37:39","date_gmt":"2016-02-26T11:37:39","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=2539"},"modified":"2016-03-21T20:15:50","modified_gmt":"2016-03-21T11:15:50","slug":"2015%e5%b9%b4q4%e3%82%b7%e3%82%a7%e3%83%bc%e3%83%ab%e4%bc%81%e6%a5%ad%e6%b1%ba%e7%ae%97-%e5%8e%9f%e6%b2%b9%e4%be%a1%e6%a0%bc%e6%9a%b4%e8%90%bd%e3%81%a7%e7%94%9f%e7%94%a3%e9%87%8f%e3%81%af%e6%b8%9b","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/2539","title":{"rendered":"2015\u5e74Q4\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u6c7a\u7b97: \u539f\u6cb9\u4fa1\u683c\u66b4\u843d\u3067\u751f\u7523\u91cf\u306f\u6e1b\u3063\u3066\u3044\u308b\u306e\u304b\uff1f\u3000\u5012\u7523\u306f\u8fd1\u3044\u304b\uff1f"},"content":{"rendered":"<p>2016\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u3082\u8edf\u8abf\u304c\u7d9a\u3044\u3066\u3044\u308b\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u3060\u304c\u3001\u3053\u308c\u307e\u3067\u3082\u66f8\u3044\u3066\u304d\u305f\u901a\u308a\u3001\u539f\u6cb9\u3068\u5929\u7136\u30ac\u30b9\u306e\u4fa1\u683c\u898b\u901a\u3057\u306f\u7c73\u56fd\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u3068OPEC\u306e\u52d5\u5411\u6b21\u7b2c\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2317\">\u539f\u6cb9\u4fa1\u683c\u306f\u4e88\u60f3\u901a\u308a20\u30c9\u30eb\u53f0\u306b\u7a81\u5165: \u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u751f\u7523\u4f01\u696d\u306e\u7834\u7dbb\u3078\u306e\u9053\u7b4b\u3092\u793a\u3059\u6c7a\u7b97\u304c\u5f85\u305f\u308c\u308b<\/a><\/li>\n<\/ul>\n<p>OPEC\u306b\u3064\u3044\u3066\u306f\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u3084\u30a4\u30e9\u30f3\u306a\u3069\u306e\u5354\u8abf\u304c\u3069\u3046\u9032\u3080\u304b\u3092\u898b\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u304c\u3001\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u306e\u4eca\u5f8c\u306e\u7523\u51fa\u91cf\u3092\u77e5\u308b\u305f\u3081\u306b\u306f\u5404\u793e\u306e\u6c7a\u7b97\u3092\u8ffd\u3044\u304b\u3051\u3066\u3086\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002\u3057\u305f\u304c\u3063\u3066\u672c\u7a3f\u3067\u306f\u30012\u6708\u5f8c\u534a\u306b\u767a\u8868\u3055\u308c\u305f\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306e\u6c7a\u7b97\u3092\u7e8f\u3081\u305f\u3044\u3002<\/p>\n<p><!--more--><strong>\u640d\u76ca\u81ea\u4f53\u306f\u8d64\u5b57\u3060\u304c<\/strong><\/p>\n<p>\u53d6\u308a\u4e0a\u3052\u308b\u306e\u306f\u4ee5\u4e0b\u306e5\u793e\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li>Chesapeak Energy (NYSE:CHK; <a href=\"https:\/\/www.google.com\/finance?q=NYSE:CHK\" target=\"_blank\">Google Finance<\/a>)<\/li>\n<li>Devon Energy (NYSE:DVN; <a href=\"https:\/\/www.google.com\/finance?q=NYSE:DVN\" target=\"_blank\">Google Finance<\/a>)<\/li>\n<li>Marathon Oil (NYSE:MRO; <a href=\"https:\/\/www.google.com\/finance?q=NYSE:MRO\" target=\"_blank\">Google Finance<\/a>)<\/li>\n<li>Continental Resources (NYSE:CLR; <a href=\"https:\/\/www.google.com\/finance?q=NYSE:CLR\" target=\"_blank\">Google Finance<\/a>)<\/li>\n<li>Pioneer Natural Resources (NYSE:PDX; <a href=\"https:\/\/www.google.com\/finance?q=NYSE:PXD\" target=\"_blank\">Google Finance<\/a>)<\/li>\n<\/ul>\n<p>\u640d\u76ca\u305d\u306e\u3082\u306e\u306f\u968f\u5206\u524d\u304b\u3089\u8d64\u5b57\u306b\u306a\u3063\u3066\u3044\u308b\u4f01\u696d\u304c\u307b\u3068\u3093\u3069\u3067\u3042\u308b\u306e\u3067\u3001\u554f\u984c\u3068\u306a\u308b\u306e\u306f\u4ee5\u4e0b\u306e2\u70b9\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li>\u7523\u51fa\u91cf\u306f\u6e1b\u3063\u3066\u3044\u308b\u306e\u304b\uff1f<\/li>\n<li>\u5012\u7523\u306f\u8fd1\u3044\u306e\u304b\uff1f<\/li>\n<\/ul>\n<p>\u539f\u6cb9\u4fa1\u683c\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u66b4\u843d\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u4fa1\u683c\u304c\u4e0b\u304c\u308c\u3070\u4f9b\u7d66\u304c\u6e1b\u308b\u3068\u3044\u3046\u306e\u304c\u7d4c\u6e08\u5b66\u4e0a\u306e\u4e00\u822c\u8ad6\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2016-2-26-WTI-crude-oil-long-term-chart.png\" rel=\"attachment wp-att-2541\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2541\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2016-2-26-WTI-crude-oil-long-term-chart.png\" alt=\"2016-2-26-WTI-crude-oil-long-term-chart\" width=\"599\" height=\"403\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2016-2-26-WTI-crude-oil-long-term-chart.png 599w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2016-2-26-WTI-crude-oil-long-term-chart-300x202.png 300w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/><\/a><\/p>\n<p><strong>\u539f\u6cb9\u5b89\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u6e1b\u5c11\u3057\u3066\u3044\u306a\u3044\u7523\u51fa\u91cf<\/strong><\/p>\n<p>\u5468\u77e5\u306e\u901a\u308a\u539f\u6cb9\u4fa1\u683c\u306f\u5927\u5206\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u6c7a\u7b97\u306b\u3088\u308c\u3070\u3001\u3053\u308c\u3089\u306e\u4f01\u696d\u306f\u7523\u51fa\u91cf\u3092\u307b\u3068\u3093\u3069\u6e1b\u3089\u3057\u3066\u3044\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u539f\u6cb9\u5b89\u3067\u7aae\u5730\u306b\u8ffd\u3044\u8fbc\u307e\u308c\u305f\u5404\u4f01\u696d\u306f\u751f\u7523\u30b3\u30b9\u30c8\u306e\u524a\u6e1b\u3092\u56f3\u3063\u3066\u304a\u308a\u3001\u64cd\u696d\u505c\u6b62\u70b9\uff08\u640d\u76ca\u5206\u5c90\u70b9\u304b\u3089\u5148\u884c\u6295\u8cc7\u30b3\u30b9\u30c8\u3092\u5f15\u3044\u305f\u751f\u7523\u305d\u306e\u3082\u306e\u306e\u30b3\u30b9\u30c8\uff09\u306f\u6025\u6fc0\u306b\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u751f\u7523\u30b3\u30b9\u30c8\u306b\u3064\u3044\u3066\u306f\u5404\u4f01\u696d\u3067\u7d71\u4e00\u3055\u308c\u305f\u6307\u6a19\u304c\u306a\u304f\u3001\u6c7a\u7b97\u306b\u3088\u3063\u3066\u6570\u5024\u306e\u610f\u5473\u304c\u7570\u306a\u308b\u306e\u3060\u304c\u3001\u3069\u3046\u3084\u3089\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u306e\u751f\u7523\u305d\u306e\u3082\u306e\u306e\u30b3\u30b9\u30c8\u306f10\u30c9\u30eb\u304b\u308915\u30c9\u30eb\u307b\u3069\u306b\u53ce\u307e\u3063\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308a\u300120\u30c9\u30eb\u524d\u5f8c\u3092\u539f\u6cb9\u4fa1\u683c\u306e\u5e95\u5024\u3068\u3057\u305f\u3053\u308c\u307e\u3067\u306e\u4e88\u60f3\u306f\u6982\u306d\u5f53\u305f\u3063\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2317\">\u539f\u6cb9\u4fa1\u683c\u306f\u4e88\u60f3\u901a\u308a20\u30c9\u30eb\u53f0\u306b\u7a81\u5165: \u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u751f\u7523\u4f01\u696d\u306e\u7834\u7dbb\u3078\u306e\u9053\u7b4b\u3092\u793a\u3059\u6c7a\u7b97\u304c\u5f85\u305f\u308c\u308b<\/a><\/li>\n<\/ul>\n<p>\u73fe\u5728\u306e\u539f\u6cb9\u4fa1\u683c\u306f\u307e\u306030\u30c9\u30eb\u524d\u5f8c\u3067\u3042\u308b\u304b\u3089\u3001\u73fe\u5728\u306e\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306e\u8d64\u5b57\u306f\u5148\u884c\u6295\u8cc7\u3057\u305f\u8a2d\u5099\u306e\u6e1b\u4fa1\u511f\u5374\u3084\u6e1b\u640d\u51e6\u7406\u304c\u97ff\u3044\u3066\u3044\u308b\u306e\u3067\u3042\u308a\u3001\u3057\u304b\u3057\u65e2\u306b\u8cc7\u91d1\u3092\u6295\u3058\u3066\u4f5c\u3063\u3066\u3057\u307e\u3063\u305f\u8a2d\u5099\u3092\u52d5\u304b\u3059\u30b3\u30b9\u30c8\u81ea\u4f53\u306f\u539f\u6cb9\u4fa1\u683c\u3088\u308a\u4f4e\u304f\u3001\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u3068\u3057\u3066\u306f\u8d64\u5b57\u3092\u88dc\u3046\u305f\u3081\u306b\u751f\u7523\u3092\u51fa\u6765\u308b\u9650\u308a\u5897\u3084\u3059\u307b\u304b\u306a\u3044\u72b6\u6cc1\u306b\u7f6e\u304b\u308c\u3066\u3044\u308b\u3002<\/p>\n<p>\u4ee5\u4e0b\u306f5\u793e\u306e\u539f\u6cb9\u304a\u3088\u3073\u5929\u7136\u30ac\u30b9\u7523\u51fa\u91cf\u306e\u5909\u5316\uff08\u524d\u5e74\u540c\u671f\u6bd4\uff09\u3092\u4e26\u3079\u305f\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-4q-shale-oil-companies-oil-and-gas-production-growth-year-on-year.png\" rel=\"attachment wp-att-2540\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2540\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-4q-shale-oil-companies-oil-and-gas-production-growth-year-on-year.png\" alt=\"2015-4q-shale-oil-companies-oil-and-gas-production-growth-year-on-year\" width=\"518\" height=\"90\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-4q-shale-oil-companies-oil-and-gas-production-growth-year-on-year.png 518w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-4q-shale-oil-companies-oil-and-gas-production-growth-year-on-year-300x52.png 300w\" sizes=\"auto, (max-width: 518px) 100vw, 518px\" \/><\/a><\/p>\n<p>\u4f01\u696d\u306b\u3088\u3063\u3066\u307e\u3061\u307e\u3061\u3067\u306f\u3042\u308b\u304c\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u3080\u3057\u308d\u5897\u7523\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u5206\u304b\u308b\u3002Chesapeake Energy\u306f\u539f\u6cb9\u3001\u5929\u7136\u30ac\u30b9\u3068\u3082\u306b\u6e1b\u7523\u3057\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u304c\u3001\u3053\u308c\u306f\u8ca1\u653f\u60aa\u5316\u306e\u305f\u3081\u8a2d\u5099\u306a\u3069\u3092\u58f2\u5374\u3057\u305f\u5206\u304c\u53cd\u6620\u3055\u308c\u3066\u3044\u308b\u3068\u601d\u308f\u308c\u308b\u3002\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u4e0a\u30672014\u5e74\u672b\u306b325\u5104\u30c9\u30eb\u3042\u3063\u305f\u300c\u4e0d\u52d5\u7523\u3068\u8a2d\u5099\u300d\u306e\u9805\u76ee\u306f\u30012015\u5e74\u672b\u306b\u306f143\u5104\u30c9\u30eb\u306b\u307e\u3067\u6e1b\u5c11\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u3067\u306f\u58f2\u5374\u3055\u308c\u305f\u8a2d\u5099\u306f\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u306e\u304b\uff1f\u3000\u305d\u308c\u306f\u7121\u8ad6\u3001\u8cfc\u5165\u8005\u306b\u3088\u3063\u3066\u4f7f\u7528\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u58f2\u5374\u306b\u3088\u3063\u3066\u6240\u6709\u8005\u304c\u5909\u308f\u3063\u305f\u3068\u3053\u308d\u3067\u3001\u539f\u6cb9\u5b89\u306b\u3088\u3063\u3066\u60aa\u5316\u3057\u305f\u8ca1\u653f\u3092\u88dc\u3046\u305f\u3081\u306b\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u304c\u751f\u7523\u91cf\u3092\u5897\u3084\u305d\u3046\u3068\u3057\u3066\u3044\u308b\u73fe\u72b6\u3067\u306f\u3001\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u8a2d\u5099\u304c\u5b8c\u5168\u306b\u505c\u6b62\u3055\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u306a\u3044\u3002\u5148\u884c\u6295\u8cc7\u3092\u9664\u3051\u3070\u3001\u6cb9\u7530\u81ea\u4f53\u306f\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u52ff\u8ad6\u3001\u3088\u308a\u8ca1\u653f\u304c\u5065\u5168\u306a\u4f01\u696d\u306b\u8cb7\u308f\u308c\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u3001\u52b9\u7387\u306e\u826f\u3044\u6cb9\u7530\u306f\u6e29\u5b58\u3055\u308c\u308b\u53ef\u80fd\u6027\u306f\u9ad8\u307e\u308b\u306e\u3060\u304c\u3001\u751f\u7523\u91cf\u3092\u5287\u7684\u306b\u5909\u3048\u308b\u307b\u3069\u306e\u52b9\u679c\u3092\u6301\u3064\u304b\u3068\u8a00\u3048\u3070\u305d\u308c\u306f\u5fae\u5999\u3067\u3042\u308b\u3002\u3057\u305f\u304c\u3063\u3066\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306e\u7834\u7dbb\u304c\u5373\u6e1b\u7523\u306b\u7e4b\u304c\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u3001\u6295\u8cc7\u5bb6\u306f\u899a\u3048\u3066\u304a\u304b\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002<\/p>\n<p><strong>\u5012\u7523\u306f\u8fd1\u3044\u306e\u304b\uff1f<\/strong><\/p>\n<p>\u6b21\u306b\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306e\u8ca1\u52d9\u8af8\u8868\u3092\u898b\u3066\u307f\u305f\u3044\u3002\u4ee5\u4e0b\u306f5\u793e\u306e\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u3068\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u6bd4\u8f03\u3057\u305f\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-shale-firms-financials.png\" rel=\"attachment wp-att-2545\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2545\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-shale-firms-financials.png\" alt=\"2015-shale-firms-financials\" width=\"536\" height=\"142\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-shale-firms-financials.png 536w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/02\/2015-shale-firms-financials-300x79.png 300w\" sizes=\"auto, (max-width: 536px) 100vw, 536px\" \/><\/a><\/p>\n<p>\u9805\u76ee\u306f\u9806\u306b\u6d41\u52d5\u8cc7\u7523\u3001\u6d41\u52d5\u8ca0\u50b5\u3001\u7dcf\u8cc7\u7523\u3001\u7dcf\u8ca0\u50b5\u30012015\u5e74\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u6d41\u52d5\u8cc7\u7523\u3068\u306f1\u5e74\u4ee5\u5185\u306b\u73fe\u91d1\u5316\u3067\u304d\u308b\u8cc7\u7523\u3001\u6d41\u52d5\u8ca0\u50b5\u306f1\u5e74\u4ee5\u5185\u306b\u671f\u9650\u306e\u6765\u308b\u8ca0\u50b5\u3067\u3042\u308b\u3002<\/p>\n<p>\u4e00\u756a\u5012\u7523\u306b\u8fd1\u3044\u306e\u306fChesapeake\u3067\u3042\u308a\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306f\u30de\u30a4\u30ca\u30b9\u3001\u6d41\u52d5\u8ca0\u50b5\u304c\u6d41\u52d5\u8cc7\u7523\u3092\u4e0a\u56de\u3063\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u66f4\u306a\u308b\u8cc7\u7523\u306e\u58f2\u5374\u3092\u5f37\u3044\u3089\u308c\u308b\u3053\u3068\u306b\u306a\u308a\u305d\u3046\u3067\u3042\u308b\u3002\u5358\u7d14\u8a08\u7b97\u30672016\u5e74\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u304c\u73fe\u5728\u306e\u7d14\u8cc7\u7523\uff08\u7dcf\u8cc7\u7523\u3068\u7dcf\u8ca0\u50b5\u306e\u5dee\uff09\u3092\u4e0a\u56de\u308a\u305d\u3046\u3067\u3042\u308b\u3053\u3068\u304b\u3089\u3001\u4eca\u5e74\u4e2d\u306b\u50b5\u52d9\u8d85\u904e\u306b\u9665\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n<p>\u3057\u304b\u3057\u4ed6\u306e4\u793e\u306b\u3064\u3044\u3066\u306f2016\u5e74\u3092\u751f\u304d\u5ef6\u3073\u3066\u3057\u307e\u3044\u305d\u3046\u3067\u3042\u308b\u3002\u7d14\u8cc7\u7523\u306f\u5341\u5206\u3067\u3042\u308a\u3001\u6d41\u52d5\u6bd4\u7387\uff08\u6d41\u52d5\u8cc7\u7523\u3068\u6d41\u52d5\u8ca0\u50b5\u306e\u6bd4\uff09\u3082\u60aa\u304f\u7121\u3044\u30022016\u5e74\u306e\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306f\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u3060\u308d\u3046\u304c\u3001\u5373\u5012\u7523\u3068\u3044\u3046\u30ec\u30d9\u30eb\u3067\u306f\u306a\u3044\u3002<\/p>\n<p>\u307e\u305f\u3001\u524d\u8ff0\u306e\u3088\u3046\u306bChesapeake\u306b\u3057\u3066\u3082\u5012\u7523\u3068\u6398\u524a\u88c5\u7f6e\u306e\u505c\u6b62\u306f\u30a4\u30b3\u30fc\u30eb\u3067\u306f\u306a\u3044\u3002Chesapeake\u306e\u8a2d\u5099\u306f\u4ed6\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u95a2\u9023\u4f01\u696d\u306b\u58f2\u5374\u3055\u308c\u3001\u6b21\u306e\u6240\u6709\u8005\u306b\u3088\u3063\u3066\u4f7f\u7528\u3055\u308c\u7d9a\u3051\u308b\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n<p><strong>\u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u306e\u4f9b\u7d66\u306f\u5f53\u5206\u7d9a\u304f\u304b<\/strong><\/p>\n<p>\u3057\u305f\u304c\u3063\u3066\u3001\u4eca\u56de\u306e\u6c7a\u7b97\u3092\u898b\u308b\u9650\u308a\u3067\u306f\u3001\u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u306e\u4f9b\u7d66\u304c2016\u5e74\u524d\u534a\u306b\u5927\u5e45\u306b\u6e1b\u5c11\u3059\u308b\u3053\u3068\u306f\u306a\u3055\u305d\u3046\u3067\u3042\u308b\u3002\u539f\u6cb9\u4fa1\u683c\u306f\u3069\u3046\u306a\u308b\u304b\uff1f\u300030\u30c9\u30eb\u53f0\u306e\u539f\u6cb9\u4fa1\u683c\u3082\u4f9b\u7d66\u3092\u6e1b\u3089\u3059\u3053\u3068\u304c\u51fa\u6765\u306a\u3051\u308c\u3070\u300120\u30c9\u30eb\u53f0\u3092\u518d\u5ea6\u8a66\u3059\u53ef\u80fd\u6027\u306f\u4e0a\u304c\u308b\u3068\u898b\u308b\u3079\u304d\u3060\u308d\u3046\u3002<\/p>\n<p>\u3082\u3046\u4e00\u3064\u306e\u4f9b\u7d66\u6e90\u3067\u3042\u308bOPEC\u306f\u751f\u7523\u91cf\u8abf\u7bc0\u306e\u305f\u3081\u306e\u5354\u8abf\u306e\u5411\u304d\u3092\u898b\u305b\u3066\u3044\u308b\u304c\u3001\u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u306e\u4f9b\u7d66\u304c\u6b62\u307e\u3089\u306a\u3051\u308c\u3070\u81ea\u6bba\u884c\u70ba\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u304f\u3001\u30d9\u30cd\u30ba\u30a8\u30e9\u306a\u3069\u5c0f\u56fd\u306f\u65e2\u306b\u7015\u6b7b\u3067\u306f\u3042\u308b\u304c\u3001\u6bd4\u8f03\u7684\u4f59\u88d5\u306e\u3042\u308b\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u306f\u6e1b\u7523\u306b\u5fdc\u3058\u306a\u3044\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2520\">\u30a4\u30e9\u30f3\u304c\u30b5\u30a6\u30b8\u3084\u30ed\u30b7\u30a2\u306e\u539f\u6cb9\u5897\u7523\u51cd\u7d50\u3092\u652f\u6301\u3057\u305f\u3053\u3068\u304c\u793a\u30592016\u5e74\u539f\u6cb9\u4fa1\u683c\u306e\u5148\u884c\u304d<\/a><\/li>\n<\/ul>\n<p>\u3057\u304b\u3057\u5e95\u5024\u306f\u78ba\u5b9f\u306b\u8fd1\u3065\u3044\u3066\u3044\u308b\u3002\u4e0a\u8a18\u306e\u8a18\u4e8b\u3067\u3082\u8ff0\u3079\u305f\u3088\u3046\u306b\u300120\u30c9\u30eb\u307e\u3067\u4e0b\u843d\u3057\u3001\u305d\u306e\u6c34\u6e96\u304c1\u5e74\u7d9a\u3044\u305f\u3068\u3059\u308c\u3070\u3001\u307b\u3068\u3093\u3069\u306eOPEC\u52a0\u76df\u56fd\u306f\u60b2\u9cf4\u3092\u4e0a\u3052\u308b\u3060\u308d\u3046\u3057\u300110\u30c9\u30eb\u53f0\u306b\u843d\u3061\u8fbc\u3093\u3060\u5834\u5408\u306b\u306f\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u3082\u5371\u3046\u304f\u306a\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002<\/p>\n<p>\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306e\u64cd\u696d\u505c\u6b62\u70b9\u304c10\u30c9\u30eb\u304b\u308915\u30c9\u30eb\u3067\u3042\u308b\u3053\u3068\u3092\u8003\u3048\u3066\u3082\u300120\u30c9\u30eb\u3092\u5272\u3063\u305f\u6c34\u6e96\u304c\u4e2d\u9577\u671f\u7684\u306b\u7d9a\u304f\u3068\u8003\u3048\u308b\u306e\u306f\u96e3\u3057\u3044\u3060\u308d\u3046\u3002<\/p>\n<p><strong>\u539f\u6cb9\u5b89\u3092\u30c8\u30ec\u30fc\u30c9\u3059\u308b\u65b9\u6cd5<\/strong><\/p>\n<p>\u3067\u306f\u6295\u8cc7\u5bb6\u306f\u3069\u3046\u3059\u3079\u304d\u304b\uff1f\u3000\u5148\u305a\u5206\u304b\u3063\u3066\u3044\u308b\u306e\u306f\u300120\u30c9\u30eb\u53f0\u304c\u9577\u7d9a\u304d\u3057\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3001\u305d\u3057\u3066\u5c11\u306a\u304f\u3068\u30822016\u5e74\u524d\u534a\u306f\u4f9b\u7d66\u904e\u5270\u304c\u7d9a\u304d\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4e0a\u5024\u306f\u6291\u3048\u3089\u308c\u308b\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u3053\u306e\u72b6\u6cc1\u3067\u6295\u8cc7\u5bb6\u304c\u51fa\u6765\u308b\u3053\u3068\u306f\u3001\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u58f2\u308b\u3053\u3068\u3067\u3042\u308b\u300240\u30c9\u30eb\u7a0b\u5ea6\u3092\u4e0a\u9650\u300120\u30c9\u30eb\u524d\u5f8c\u3092\u4e0b\u9650\u3068\u3057\u3066\u3001\u6570\u30f6\u6708\u304b\u3089\u534a\u5e74\u307b\u3069\u306f\u30ec\u30f3\u30b8\u76f8\u5834\u3092\u898b\u305b\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u305d\u3046\u3067\u3042\u308c\u3070\u30d7\u30c3\u30c8\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u3068\u30b3\u30fc\u30eb\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u540c\u6642\u306b\u58f2\u308a\u3001\u30ec\u30f3\u30b8\u5185\u306b\u53ce\u307e\u308b\u5834\u5408\u306b\u5229\u76ca\u304c\u51fa\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u4f5c\u308c\u3070\u826f\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u3061\u306a\u307f\u306b\u3053\u306e\u30ec\u30f3\u30b8\u3092\u77ed\u671f\u7684\u306b\u51fa\u308b\u53ef\u80fd\u6027\u3092\u5426\u5b9a\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002OPEC\u304c\u6e1b\u7523\u3092\u65e9\u307e\u308c\u3070\u4e0a\u9650\u3092\u3001\u4f9b\u7d66\u904e\u5270\u304c\u9577\u304f\u7d9a\u3051\u3070\u4e0b\u9650\u3092\u5272\u308b\u53ef\u80fd\u6027\u306f\u3042\u308b\u304c\u3001\u3044\u305a\u308c\u306e\u5834\u5408\u3082\u77ed\u671f\u7684\u306a\u52d5\u304d\u306b\u7559\u307e\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u500b\u4eba\u7684\u306b\u306f\u4e0b\u9650\u3092\u5272\u308b\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066\u306f\u30ea\u30b9\u30af\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3002\u539f\u6cb9\u304c10\u30c9\u30eb\u53f0\u3068\u306a\u308c\u3070\u7c73\u56fd\u682a\u306f\u6025\u843d\u3057\u300112\u6708\u306b\u8cb7\u3063\u305f\u91d1\u304c\u6025\u9a30\u3059\u308b\u3060\u308d\u3046\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2471\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u3067\u4e88\u60f3\u901a\u308a\u91d1\u4fa1\u683c\u304c\u6025\u4e0a\u6607: \u3044\u3064\u307e\u3067\u7d9a\u304f\u304b\uff1f\u3000\u3053\u308c\u304b\u3089\u3069\u3046\u306a\u308b\u304b\uff1f<\/a><\/li>\n<\/ul>\n<p>\u4e00\u65b9\u3067\u539f\u6cb9\u304c\u6025\u53cd\u767a\u3092\u3057\u305f\u5834\u5408\u306b\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u53d6\u3063\u305f\u30a6\u30e9\u30f3\u95a2\u9023\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u5229\u76ca\u3092\u7523\u3080\u3060\u308d\u3046\u3002\u3068\u308a\u3042\u3048\u305a\u306f\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u73fe\u72b6\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u6e80\u8db3\u3057\u3066\u3044\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/2520\">\u30a4\u30e9\u30f3\u304c\u30b5\u30a6\u30b8\u3084\u30ed\u30b7\u30a2\u306e\u539f\u6cb9\u5897\u7523\u51cd\u7d50\u3092\u652f\u6301\u3057\u305f\u3053\u3068\u304c\u793a\u30592016\u5e74\u539f\u6cb9\u4fa1\u683c\u306e\u5148\u884c\u304d<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2016\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u3082\u8edf\u8abf\u304c\u7d9a\u3044\u3066\u3044\u308b\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u3060\u304c\u3001\u3053\u308c\u307e\u3067\u3082\u66f8\u3044\u3066\u304d\u305f\u901a\u308a\u3001\u539f\u6cb9\u3068\u5929\u7136\u30ac\u30b9\u306e\u4fa1\u683c\u898b\u901a\u3057\u306f\u7c73\u56fd\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u3068OPEC\u306e\u52d5\u5411\u6b21\u7b2c\u3067\u3042\u308b\u3002 \u539f\u6cb9\u4fa1\u683c\u306f\u4e88\u60f3\u901a\u308a20\u30c9\u30eb\u53f0\u306b\u7a81\u5165: \u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u751f\u7523\u4f01\u696d &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/2539\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">2015\u5e74Q4\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u6c7a\u7b97: \u539f\u6cb9\u4fa1\u683c\u66b4\u843d\u3067\u751f\u7523\u91cf\u306f\u6e1b\u3063\u3066\u3044\u308b\u306e\u304b\uff1f\u3000\u5012\u7523\u306f\u8fd1\u3044\u304b\uff1f<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,62,109,2],"tags":[58,97,112],"class_list":["post-2539","post","type-post","status-publish","format-standard","hentry","category-commodity-markets","category-us-stocks","category-crude-oil","category-stocks","tag-crude-oil","tag-shale-oil","tag-crude-oil-price-prediction"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=2539"}],"version-history":[{"count":11,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2539\/revisions"}],"predecessor-version":[{"id":2553,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/2539\/revisions\/2553"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=2539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=2539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=2539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}