Firm to boost world’s oil supply by 12% in 2035

Started by MrVan, Feb 15, 2013, 06:30 PM

MrVan

Global shale oil production plans to increased world's oil supply by 12 per cent in 2035, 14 million barrels per day. The increase according to a report by PwC could reduced oil prices in 2035 to between 25 per cent and 40 per cent (between $83 and $100 barrel in real terms.

Vanguard

Folami David

This is something most people were expecting to happen sometime. I actually expected it too.Finally