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

- Daniel Yergin

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

- Daniel Yergin

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

- Daniel Yergin

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

- Daniel Yergin

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

- Daniel Yergin

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

- 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 oc…

- Daniel Yergin

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…

- Daniel Yergin

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

- Daniel Yergin