The price of oil could halve within the next decade because of a shale revolution, according to industry experts.John Llewellyn, the former head of international forecasting at the Organisation for Economic Co-operation and Development, said that most oil price forecasts underestimated radically the impact of new extraction techniques for shale oil and gas on supply.
http://www.thetimes.co.uk/tto/business/industries/naturalresources/article3804421.ece
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