Phrase by 'Daniel Yergin'
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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 protected.
Author: Daniel Yergin - American AuthorEnergy , Important , Enough , Security
The starting point for energy security today as it has always been is diversification of supplies and sources.
Author: Daniel Yergin - American AuthorAlways , Energy , Today , Security
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.
Author: Daniel Yergin - American AuthorNeed , Money , Will , Seen
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.
Author: Daniel Yergin - American AuthorTwo , Places , Come , Top
We experienced similar fears in the 1880s, at the end of World War I and II. And we ran out in the 1970s.
Author: Daniel Yergin - American AuthorWorld , War , End , Out
We are living in a new age of energy supply anxiety.
Author: Daniel Yergin - American AuthorEnergy , New , Age , Anxiety
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.
Author: Daniel Yergin - American AuthorYou , See , World , Stop
This has a lot to do with the unrest in Nigeria, but also with the production loss after the hurricanes in the Gulf of Mexico, the decline in Iraq since the 2003 war, and the decline in Venezuelan output since 2002.
Author: Daniel Yergin - American AuthorWar , Mexico , Loss , Nigeria
The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas.
Author: Daniel Yergin - American AuthorMe , Always , Relationship , Surprise
So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology.
Author: Daniel Yergin - American AuthorNew , Politics , Development , Technology
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