So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology.
Daniel YerginRead
The Russians are turning east to the Chinese - to the Europeans' surprise. It always seemed to me that the relationship between Russia and China would shift from being based in Marx and Lenin to being based in oil and gas.
Interpretation
What this quote means
The quote suggests a shift in the Russia-China relationship from ideological ties to economic dependency on energy resources.
In this quote, Daniel Yergin reflects on the evolving dynamics of the relationship between Russia and China, indicating that their connection, which has historically been influenced by Marxist and Leninist ideologies, is transitioning towards a more practical alliance centered around natural resources, specifically oil and gas. This shift may take many by surprise, particularly Europeans, as it indicates a realignment of geopolitical strategies based on economic needs rather than ideological affinities.
Themes
RussiaChinaRelationshipOilGasEconomicsPolitics
In practice
Example use cases
In a political discussion about international relationships, one might say, 'As Yergin points out, the Russians are turning east to the Chinese.'
More from Daniel Yergin
All quotes →Similar quotes
Without a single shot we've managed to liberate the world of communism but now there is a need for a global solidarity.
Lech WalesaRead
All my games were political games; I was, like Joan of Arc, perpetually being burned at the stake.
Indira GandhiRead
When Estonia reestablished its sovereignty after a half century of successive thuggish, totalitarian, foreign occupations by the Soviets, the Nazis, and then again the Soviets, we knew we wanted to create a democratic country characterized by rule of law and respect for human rights.
Toomas Hendrik IlvesRead
The 20th century shows that the form of government that we take for granted, a constitutional democratic republic with checks and balances and a rule of law - that form of government is usually temporary.
Timothy D. SnyderRead
Social democracy does not represent an ideal future; it does not even represent the ideal past.
Tony JudtRead
It is time we had democratic socialism for working families, not just Wall Street billionaires.
Bernie SandersRead