Oil and Gas Supply Demand Outlook in the Americas to 2020 - Increasing Oil and Gas Production Changing the Industry Dynamics

Summaryteam of industry experts.
Oil and Gas Supply Demand Outlook in the AmericasNorth America is expected to witness growth in the
to 2020 - Increasing Oil and Gas Production Changingproduction of both oil and gas in the next 10 years. In
the Industry Dynamics", provides an in-depth analysisaddition to strong growth in demand, the development
of the oil and gas supply and demand outlook in theof oil and gas shale fields will result in strong growth in
Americas and highlights the various concerns, shiftingoil and gas production from North America. Between
trends and concerns. This energy report provides2010 and 2020, North American oil and gas production
forecasts for the crude oil production and consumptionrates are forecast to increase at AAGRs of 2.1% and
sectors of the oil and natural gas industry to 2020. The0.7%, respectively. By 2015, Brazil will emerge as South
report also provides segmental forecasts of the crudeand Central America's largest crude oil producer,
oil and natural gas trade balance in North America andsurpassing Venezuela and Mexico. With substantial
South America and highlights the major countries in thereserves found in the waters off Brazil, the country is
region. The report discusses the regulatory structureexpected to increase its production by an average of
and infrastructure in the different countries in the region.7.8% per annum. Further, amidst the increasing usage
The report is built using data and information sourcedof hydroelectricity and ethanol production from
from proprietary databases, primary and secondarysugarcane, the demand for fossil fuels is expected to
research and in-house analysis by GBI Research'sremain low in Brazil in the medium to long term.