The Houston Chronicle reported that based on a Goldman Sachs report, global oil markets could lose as much as 7.5 million barrels of crude over the next decade if sunken oil prices stall the slate of new oil and gas projects around the world.

The Chronicle said Goldman Sachs estimated $930 billion in future oil investments that would bolster production through 2025 are in peril as oil prices have collapsed.

The Chronicle notes that if prices rebound to, and stay at, $70 a barrel, the cost to develop oil and gas fields will have to fall 20% to 30% for those projects to become profitable.

To view the full Houston Chronicle report, click here.