Daniel Yergin

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

— Daniel Yergin

First, we have to find a common vocabulary for energy security. This notion has a radically different meaning for different people. For…

— Daniel Yergin

I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them…

— Daniel Yergin

“A man is a business failure if he lets his family life interfere with his business record,”

— Daniel Yergin

If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw…

— Daniel Yergin

But that's not enough: To maintain energy security, one needs a supply system that provides a buffer against shocks. It needs large,…

— Daniel Yergin

“It was very handy to have such a foreign scapegoat when so much was wrong at home.1”

— Daniel Yergin

But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a…

— Daniel Yergin

An important United Nations environmental conference went past 6:00 in the evening when the interpreters' contracted working conditions said they could leave.…

— Daniel Yergin

The bulk of extra supplies that could be put into the market come from two places. One, they come from other Persian…

— Daniel Yergin

The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it…

— Daniel Yergin

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

— Daniel Yergin

In a world of increasing interdependence, energy security will depend much on how countries manage their relations with one another. That is…

— Daniel Yergin

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

— Daniel Yergin

The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between…

— Daniel Yergin

According to one study by the United States Geological survey, 86 percent of oil reserves in the United States are the result…

— Daniel Yergin

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

— Daniel Yergin

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

— Daniel Yergin

In the mid-1980s, operating problems took [nuclear] plants off-line so often that, on an annual basis, they operated at only about 55…

— Daniel Yergin

“the New World had become the oil granary for the Old; altogether, the United States was to satisfy 80 percent of the…

— Daniel Yergin

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

— Daniel Yergin

“It is certainly to be regretted that we have so many things to do and our business day is so fully occupied…

— Daniel Yergin

In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to…

— Daniel Yergin

Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be…

— Daniel Yergin

“In the 1920s, he decided that it was cheaper to drill for oil than to buy the overvalued shares of other oil…

— Daniel Yergin