Is U.S. shale output sustainable?

BP Chief Executive Bob Dudley addresses a press conference with Mukesh Ambani, (not pictured) Chairman and Managing Director of Reliance Industries Limited, in central London on February 21, 2011. British energy giant BP said Monday that it will pay $7.2 billion (5.3 billion euros) to Mumbai-based Reliance Industries for a 30-percent stake in 23 Indian oil and gas blocks. AFP PHOTO/BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)
BP Chief Executive Bob Dudley addresses a press conference with Mukesh Ambani, (not pictured) Chairman and Managing Director of Reliance Industries Limited, in central London on February 21, 2011. British energy giant BP said Monday that it will pay $7.2 billion (5.3 billion euros) to Mumbai-based Reliance Industries for a 30-percent stake in 23 Indian oil and gas blocks. AFP PHOTO/BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)

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    Is U.S. shale output sustainable?

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John Defterios speaks to BP chief Bob Dudley about the U.S. shale oil boom and the state of crude oil prices.