Oil sands and shale oil set to grow by 4.6% per year through to 2035
The unconventional liquid fuel industry, like oil sands and shale oil, is projected to grow 4.6 per year through to 2035, according to the U.S. Energy Information Administration.
The government agency released its International Energy Outlook 2011 last week.
The report states that geopolitics and regulation will help the unconventional liquid fuel sector sustain growth for the next 20 years and beyond.