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

People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, toda….

Cycles of shortage and surplus characterize the entire history of oil..

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 oc….

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….

The starting point for energy security today as it has always been is diversification of supplies and sources..

To meet the energy challenge requires the most important energy of all - human creativity. That's the real prize..

So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment an….

First, we have to find a common vocabulary for energy security. This notion has a radically different meaning for different people. For Americans it ….

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

An important United Nations environmental conference went past 6:00 in the evening when the interpreters' contracted working conditions said they cou….

The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line..

It's extraordinary how inventive one can be with ethanol right now..

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 A….

The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it is thought that there….

The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China woul….

In the mid-1980s, operating problems took [nuclear] plants off-line so often that, on an annual basis, they operated at only about 55 percent of thei….

In a world of increasing interdependence, energy security will depend much on how countries manage their relations with one another. That is why ener….

Even Silicon Valley investors have put well over a $1 billion in new energy technologies..

A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety..

The Iranians know they hold high cards because of oil..