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"The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line."
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"The Bermuda Triangle got tired of warm weather. It moved to Alaska. Now Santa Claus is missing."

"Roused by the lash of his own stubborn tail our lion now will foreign foes assail."

"The month of January, we were number one. Now, this is something we're proud of, because we recognize we're up against a formidable operation there at CNN."
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"In all affairs it's a healthy thing now and then to hang a question mark on the things you have long taken for granted."

"It is a cliche these days to observe that the United States now possesses a global empire - different from Britain's and Rome's but an empire nonetheless."

"Do not postpone your problems, solve them now! Because tomorrow you might be weaker than today and there might arise additional problems! Unsheathe your sword now; forget tomorrow, time is now!"
Explore more quotes by 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 is a geopolitical question. For the Europeans right now it is very much focused on the dependence on imported natural gas."

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

"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."

"We are living in a different world now. You can see it everywhere in international relations: It was noteworthy that, after his visit to Washington, the Chinese president's next stop was Saudi Arabia."

"But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself as an oil exporter and these days its exports are only about one tenth that of neighboring Saudi Arabia."

"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 also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now."

"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 since the 2003 war, and the decline in Venezuelan output since 2002."

"People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters."
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