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Daniel Yergin Quotes


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Quotes by Daniel Yergin

Showing 11-20 of 23 Quotes 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.

~Daniel Yergin

Topics: Available Barrel Coming Elsewhere Extra Go Market Maybe Oil Other Price Said Saw Started Supplies Until Up War World Would You

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The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly.

~Daniel Yergin

Topics: Barrels Could Countries Day Four Industrial Market Million Much Oil Other Pretty Put Quickly So-Called States Stocks Strategic United United States Western Which

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

~Daniel Yergin

Topics: North Now Out Production Run Sea Still Supposed Then 1990S 1980S

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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.

~Daniel Yergin

Topics: Arabia Bulk Come Could Extra Gulf List Market Other Persian Places Put Saudi Saudi Arabia Suppliers Supplies Top Two Which

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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.

~Daniel Yergin

Topics: Afford Also Because Create Down Down The Road Economy Know Most Now Only Part Prices Problems Producers Right Road See Serious Shock Shocks Skyrocket Them Think Very Want Will World Would You I Think

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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.

~Daniel Yergin

Topics: American Common Dependence Different Different People Energy Energy Security Europeans Find First Focused Gas Geopolitical Imported Meaning Much Natural Natural Gas Notion Now People Question Radically Right Security Very Vocabulary

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

~Daniel Yergin

Topics: Billion Energy Even Investors New Over Put Silicon Silicon Valley Technologies Valley Well

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

~Daniel Yergin

Topics: Characterize Cycles Entire History Oil Shortage Surplus

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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.

~Daniel Yergin

Topics: Chinese Clash Clearly Goods Happens Industrial Market Need Resources Think Want Which World

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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.

~Daniel Yergin

Topics: About Arabia Days Exports Got Iraq Itself Key Large Marginalized Neighboring Oil Only Reserves Saudi Saudi Arabia Tenth Thing Very While

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Biography

Nationality: American

Type: Author

Born: February 6th, 1947

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