He says China will have growing impact , second largest economy by GDP . There will be an unprecedented global transfer of power because of oil , report says . Indonesia , Iran , Pakistan , India likely see power , desire for natural resources increase . Further complicating matters is the fact that while demand for energy is projected to rise , oil and gas production will continue to be `` concentrated in unstable areas , '' it says . ` ` Unprecedented '' ' means demand for basic resources will outweigh supply .
He says China will have growing impact , second largest economy by GDP . There will be an unprecedented global transfer of power because of oil , report says . Indonesia , Iran , Pakistan , India likely see power , desire for natural resources increase . ` ` Unprecedented '' ' means demand for basic resources will outweigh supply .