Upload

Loading...

Shale oil: The next energy revolution

3,989

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Feb 28, 2013

Learn more at PwC.com - http://pwc.to/15TTMEN
Shale oil production has the potential to reach up to 12% of global oil production, equivalent to almost 14 million barrels a day. This extra supply could push global oil prices down by around 25%-40% in 2035. The level of global GDP could increase by around 2.3%-3.7% ($1.7-2.7 trillion at today's GDP values).The benefits of oil price reductions due to shale oil will vary significantly by country. This presents significant strategic opportunities and challenges for the oil & gas industry and governments. Adam Lyons from PwC presents the findings.

All Comments

Comments are disabled for this video.
to add this to Watch Later

Add to

Loading playlists...