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Shell CEO: What Controls the Price of Gas?

Complete video at http://fora.tv/2012/03/21/Innovation_the_Future_of_Energy_Peter_Voser_Shell_CEO CEO of Royal Dutch Shell Peter Voser explains what economic factors drive the highly volatile price of oil. Although Voser believes that gas prices are too high, he doesn't expect them to fall greatly considering current geopolitical issues. ---- The future of energy is one of the most timely and important topics to be discussed at the Churchill Club this year. Population growth; massive and growing demands for energy/water/food; climate stresses; low levels of trust among business, governments and individuals; and other factors conspire to create a complex ecosystem that is both challenging and ripe with opportunity. How will we meet the energy demands of the next two decades, and beyond? What are the tradeoffs, and what's at stake? What are the roles technology and innovation can play to help address the challenges, and create new opportunities? Join us for this rare chance to hear and speak with Peter Voser, CEO of a company that over the past decades has invested billions of dollars into research and development, was the first to develop scenarios to explore the future of energy and was recently shown on both Thomson Reuters' and MIT's Technology Review lists of the world's most innovative companies. Voser will share his personal vision and observations, in conversation with Forbes Publisher Rich Karlgaard.
Length: 02:29

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