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

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

Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their good….

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 si….

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

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….

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

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

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….

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

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

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

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

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….

In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as w….

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

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….

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

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….

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….

I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would ….