So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology.
More Quotes from 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
Cycles of shortage and surplus characterize the entire history of oil.
Daniel Yergin
This further underlines the need for greater diversity of supply and more storage capacity for natural gas.
Daniel Yergin
A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.
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
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
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I have not taken a position on that nuclear option. My view is I'm not going to do anything until I come to that bridge. I'm not going to jump off the bridge until I come to it.
Arlen Spector
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