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Daniel Yergin's Profile

Brief about Daniel Yergin: By info that we know Daniel Yergin was born at 1947-02-06. And also Daniel Yergin is American Author.

Some Daniel Yergin's quotes. Goto "Daniel Yergin's quotation" section for more.

The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas.

Tags: Based, Between, Surprise

The starting point for energy security today as it has always been is diversification of supplies and sources.

Tags: Energy, Point, Today

A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.

Tags: Anxiety, Between, Price

Cycles of shortage and surplus characterize the entire history of oil.

Tags: History, Oil, Shortage

Even Silicon Valley investors have put well over a $1 billion in new energy technologies.

Tags: Energy, Put, Valley

It's extraordinary how inventive one can be with ethanol right now.

Tags: Ethanol, Inventive

The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line.

Tags: Production, Run, Sea

We are living in a new age of energy supply anxiety.

Tags: Age, Energy, Living

We experienced similar fears in the 1880s, at the end of World War I and II. And we ran out in the 1970s.

Tags: End, Fears, War

But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.

Tags: Coming, Getting, Question

But that's not enough: To maintain energy security, one needs a supply system that provides a buffer against shocks. It needs large, flexible markets. And it's important to acknowledge the fact that the entire energy supply chain needs to be protected.

Tags: Energy, Enough, Fact

But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself as an oil exporter and these days its exports are only about one tenth that of neighboring Saudi Arabia.

Tags: Days, Key, While

Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods.

Tags: Clearly, Happens, Market

First, we have to find a common vocabulary for energy security. This notion has a radically different meaning for different people. For Americans it is a geopolitical question. For the Europeans right now it is very much focused on the dependence on imported natural gas.

Tags: Energy, Question, Security

I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now.

Tags: Problems, Road, Serious

If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market.

Tags: Said, Until, War

In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.

Tags: Couple, Money, Seen

People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters.

Tags: Give, Technology, Today

So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology.

Tags: Happens, Politics, Technology

The bulk of extra supplies that could be put into the market come from two places. One, they come from other Persian Gulf suppliers, of which Saudi Arabia is at the top of the list.

Tags: Market, Put, Top