https://www.youtube.com/watch?

v=1LaUm8tt9r8

 In the era of _______________________ and renewable energy – is the oil over? It depends on
who you ask.
 _______________________ are getting stricter so the renewable energy in the EU makes up
about 80% of the new capacity. Winds is the dominator.
 The number of electric cars is expected to reach about 300 millions around the world. More
them equals less _________________________.
 But it’s too soon to say. Oil and gas received 2/5 of global energy ________________________
in 2016.
 Oil will be a leading energy source for _______________________ like India and for many
industries like trucking, shipping, and _______________________.
 In 2014, the price of a barrel of _______________________ was above $100. Today, it reduced
to around $60.
 The reason for thi is too much supply and inadequate demand. For example, despite
_______________________ in countries like Russia and Iraq, oil production does not go down.
 But low prices hit oil __________________________ hard. Some big oil companies responded
by diversify their businesses.
 Exxon expects that the demand for natural gas will increase more than any other energy source.
It will account for ¼ of the _______________________ by 2040.

KEY
1. Electric vehicles
2. Climate policies
3. Gaz guzzling
4. Supply investment
5. Emerging markets
6. Aviation
7. Crude oil
8. Geopolitical tensions
9. Producers and exporters
10. Global energy mix