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      Is the oil industry able to support a world that consumes 105 million barrels of oil per day in 2025?

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          Abstract

          This paper investigates the significant risk of a supply crunch in the oil market by 2025 and beyond, given current pace of investment and growth of world demand. We focus particularly on today’s upstream sector and the challenges it faces in meeting the ever-increasing demand for oil. We then study different production scenarios for U.S. unconventional oil potential and draw conclusions on its potential capability to offset the weakening context of conventional oil supply (declining production, declining discoveries, insufficient investment, persistent geopolitical risks and environmental pressures). We conclude that with growing oil demand, the probability of an oil crunch by 2025 is far from null.

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          The survey of economic growth, energy consumption and carbon emission

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            Critical raw materials and transportation sector electrification: A detailed bottom-up analysis in world transport

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              China’s Shale Dream Rests Atop Chaotic Geology

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                Author and article information

                Journal
                Oil & Gas Science and Technology – Revue d’IFP Energies nouvelles
                Oil Gas Sci. Technol. – Rev. IFP Energies nouvelles
                EDP Sciences
                1294-4475
                1953-8189
                2019
                December 16 2019
                2019
                : 74
                : 88
                Article
                10.2516/ogst/2019061
                85e64481-037d-4fd6-8049-b991cfbde63f
                © 2019

                http://creativecommons.org/licenses/by/4.0

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