Available Quote by Daniel Yergin
“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.”
About This Quote
Source Interview: Energy Markets, 2019
War disrupts supply, causing temporary price spikes until alternative sources stabilize the market.
In simple terms: War raises oil prices until new supplies appear.
Key Takeaway
Watch supply shifts and adjust strategies.
Themes
economics
energy
geopolitics
Mood
cautious
analytical
Type
strategic
informational
When to use this quote
- investment planning
- energy policy
- risk management
- budget forecasting
Key Concepts
supply and demand
market volatility
resource scarcity
Questions to Reflect On
- How do you hedge against sudden commodity price changes?
- What alternative energy sources can mitigate such shocks?
A Different Perspective
Price spikes may be short‑lived if alternative supplies flow quickly.
