Quotes by Daniel Yergin

About Daniel Yergin:

Daniel Howard Yergin is a Pulitzer Prize-winning American author, speaker, and economic researcher. Yergin is the co-founder and chairman of Cambridge Energy Research Associates, an energy research consultancy that is now part of IHS Inc. He is best known as author of The Prize: The Epic Quest for Oil, Money, and Power and The Quest: Energy, Security, and the Remaking of the Modern World.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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

Daniel Yergin

The author points to the impact of what he called Dutch disease, where the discovery of found wealth from a particular commodity causes a culture to atrophy with respect to work ethic and broader development. Continuing wealth from the single commodi...

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. They left, abandoning the delegates unable to talk to each other in their native languages....

Daniel Yergin

A lesson in bringing about true changes of mind and heart comes from a Japanese functionary. By day, he crunched numbers that showed his country was approaching imminent energy crisis and helped to craft policy. By night, he weaved a novel in which a...

Daniel Yergin

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

Daniel Yergin

We are living in a different world now. You can see it everywhere in international relations: It was noteworthy that, after his visit to Washington, the Chinese president's next stop was Saudi Arabia.

Daniel Yergin

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

Daniel Yergin

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

Daniel Yergin

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

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

Daniel Yergin

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

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 shoc...

Daniel Yergin

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 ...

Daniel Yergin

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

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 the market for their goods.

Daniel Yergin

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

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 protecte...

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 substantial build-up of supply occurring over the coming years.

Daniel Yergin

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

Daniel Yergin

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.

Daniel Yergin

Author Bio

  • NameDaniel Yergin
  • DescriptionAmerican historian
  • BornFebruary 6, 1947
  • CountryUnited States Of America
  • ProfessionHistorian; Author; Economist
  • AwardsPulitzer Prize For General Non-Fiction