Daniel Yergin Quotes

You'll have innovators and entrepreneurs and people trying ideas that may seem sensible today or may seem way out. But out of that whole soup will emerge some new ways of doing things. - Daniel Yergin

Whereas they used to have a higher price range, say $17 to $21 [a barrel], now people say prices could be at $11, $12, $15 for a long time, or at least you can't bet your company that they are going to be higher, and that has led to this powerful motive to merge as the next stage of getting your costs under control and spreading them out over a larger base. - Daniel Yergin

When you adjust it for inflation, a year ago we were looking at gasoline prices that were cheaper than they had been during the Great Depression. So it was an extraordinary bargain. - Daniel Yergin

We're expecting another 20 cents more than where we are. - Daniel Yergin

We have high crude prices. We have low inventories. We have strong demand. All of that would be a recipe for a taut market even with refineries (running at full capacity). - Daniel Yergin

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

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

This is the fifth time that we're supposedly running out of oil. - Daniel Yergin

This is not the first time that the world has 'run out of oil. It's more like the fifth. Cycles of shortage and surplus characterize the entire history of the oil industry. - Daniel Yergin

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