"As the young leaders of tomorrow, you have the passion and energy and commitment to make a difference. What I'd like to really urge you do is to have a global vision. Go beyond your country; go beyond your national boundaries"

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A key impact of recent events was a very persistent, if not permanent shock in the oil supply. This was caused as the oil industry hit geological boundaries, which meant that it could no longer maintain the historic growth rates in petroleum extraction.

— Michael Kumhof