​Almost US$1 trillion worth of oil projects are zombies says Goldman Sachs

​Almost US$1 trillion worth of oil projects are zombies says Goldman Sachs

​Almost US$1 trillion worth of oil projects are zombies says Goldman Sachs The worldwide oil industry has almost US$1 trillion worth of projects scheduled for 2015 that are unlikely to be profitable. Excluding the US shale industry Goldman Sachs’ research shows that US$ 930 billion worth of projects would not be profitable with oil at $70 a barrel.