Infographic: Why a global oil and gas squeeze is likely on the way

Image: Joey Podlubny/JWN

Investment in oil and gas development has dropped dramatically around the world since commodity prices collapsed in mid-2014.

According to the International Energy Agency, global energy investment has decreased by 18 percent over the last three years.

The challenge this presents is that oil and gas producers are constantly working to replace production to satisfy demand. Without investment in new projects and development, it will become harder to make those replacements.

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