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More - Daniel Yergin Quotes

This is a long-lead-time business; the investment horizon is five, 10 or 20 years. There's no switch to pull. - Daniel Yergin Quotes

This is a long-lead-time business; the investment horizon is five, 10 or 20 years. There's no switch to pull.

Fourteen months ago, oil seemed to be in a bull market ? then Asia collapsed, ... This is basically a gross domestic product crisis driven by Asia, so the real prospects are whether you think Asia by the year 2000 will start showing signs of recovery. - Daniel Yergin Quotes

Fourteen months ago, oil seemed to be in a bull market ? then Asia collapsed, ... This is basically a gross domestic product crisis driven by Asia, so the real prospects are whether you think Asia by the year 2000 will start showing signs of recovery.

Ethanol is mandating additional diversity to the pool of motor fuels. The definition of oil is being widened. - Daniel Yergin Quotes

Ethanol is mandating additional diversity to the pool of motor fuels. The definition of oil is being widened.

Depending on what we learn in the next few days, this may be the biggest oil-supply shock since the 1970s. We are now in the days of reckoning, - Daniel Yergin Quotes

Depending on what we learn in the next few days, this may be the biggest oil-supply shock since the 1970s. We are now in the days of reckoning,

Depending on what we learn in the next few days this may be the biggest oil-supply shock since the 1970s. We are now in the days of reckoning. - Daniel Yergin Quotes

Depending on what we learn in the next few days this may be the biggest oil-supply shock since the 1970s. We are now in the days of reckoning.

rising crude oil prices, low fuel inventories, strong summer driving season demand and an environmentally driven transition to new gasoline specifications are combining to keep upward pressure on pump prices. - Daniel Yergin Quotes

rising crude oil prices, low fuel inventories, strong summer driving season demand and an environmentally driven transition to new gasoline specifications are combining to keep upward pressure on pump prices.

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 Quotes

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.

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 Quotes

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.

If they don't ease more oil into the market over the next six weeks, we could see prices spike a good deal higher than they are now. - Daniel Yergin Quotes

If they don't ease more oil into the market over the next six weeks, we could see prices spike a good deal higher than they are now.

This further underlies the need for greater diversity of supply and more storage capacity for natural gas. Gas-importing countries will recognize the need to build in buffers. - Daniel Yergin Quotes

This further underlies the need for greater diversity of supply and more storage capacity for natural gas. Gas-importing countries will recognize the need to build in buffers.

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