Everywhere in the world, moving from control to decontrol of prices creates turbulence and also political costs.
More Quotes from 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 occurring over the coming years.Daniel Yergin
The last time before this time was in the 1970s, when people thought we were going to fall off the oil mountain and live in an age of permanent shortage. Since then, world supplies have increased 60 percent. I don't see why we're at the end of technology now, or why it would be finished now.
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. And it's important to acknowledge the fact that the entire energy supply chain needs to be protected.
Daniel Yergin
When you adjust it for inflation, a year ago we were looking at gasoline prices that were cheaper than they had been during the Great Depression. So it was an extraordinary bargain.
Daniel Yergin
It's extraordinary how inventive one can be with ethanol right now.
Daniel Yergin
Cycles of shortage and surplus characterize the entire history of oil.
Daniel Yergin
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Based on Topics: World QuotesBased on Keywords: decontrol
It's impossible to work under conditions where they confused negativity with objectivity. You can't fool the fans.
Marv Albert
Into this, for good or ill, is woven every belief of every man who has speech of his fellows. A awful privilege, and an awful responsibility, that we should help to create the world in which posterity will live.
William Kingdon Clifford
For, just as it has been said that there is no half-way house between Rome and Reason, so it may be said that there is no half-way house between State Socialism and Anarchism.
Benjamin Tucker