Even Silicon Valley investors have put well over a $1 billion in new energy technologies.
More Quotes from 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
The starting point for energy security today as it has always been is diversification of supplies and sources.
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
He's wonderful at stirring up an argument and slinging around rhetoric. ... For some of these people, it seems to be a theological issue. For us, it's an analytic issue.
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
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