34 ordspråk av Daniel Yergin

Daniel Yergin

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A lot of consumers, particularly in New York and other places, are already seeing $3 a gallon. I think the question is will most consumers be seeing $3.50 and $4? At this point it's a real possibility.

All the tensions and stress in the world's oil markets are flowing into the gasoline pump. The crude oil market is very tight, and a market that's this tight is vulnerable to politics, to hurricanes, to strikes and to emotions, and that's what we're seeing.

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,

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.

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

Everywhere in the world, moving from control to decontrol of prices creates turbulence and also political costs.

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.

Gas prices are clearly reaching a level where it's a political problem for people, ... unless you empty [the reserve], it is a very temporary expedient. It does not affect the basic supply-and-demand problem.

He's wonderful at stirring up an argument and slinging around rhetoric. ... For some of these people, it seems to be a theological issue. For us, it's an analytic issue.

I think we've seen a change in the mentality of the senior management of the oil industry over the last few months,

If the next weeks reveal that the losses are as large as some fear, this would constitute one of the biggest energy shocks since the 1970s, perhaps even the biggest.

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.

In real terms, consumers today are paying considerably less for gasoline than they did during World War I.

Particularly the East Coast could soon be teetering on the edge of shortage.

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