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"So the major obstacle to the development of new supplies is not geology but what happens above ground: international affairs, politics, investment and technology."
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"He decided not to ask for details. Better to avoid exposing his ignorance even further."
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Personal Development
"The civilized man is technologically ahead of - intellectually behind - his time."
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Personal Development
"If e-book readers were invented before print books, (petty things such as) the smell of ink would have been some people's only reason for not abandoning e-books."
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Personal Development
"Quite amazing, isn't it, Mister Lipwig?' he said cheerfully through the smoke. 'Though isn't it a pity that they can only run on rails? I can't imagine what the world would be like if everyone had their own steam locomotive. Abominable."
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Personal Development
"When computers are able to imagine, then humanity will get its death notice."
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Personal Development
"The day internet stops functioning forever, so many works will get missing forever!"
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Personal Development
"Advanced technology does not always promise a more intelligent civilization. On the contrary, the more the common people rely on technology to do their thinking and solving for them, the less practice there is left for their own brains."
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Personal Development
"In terms of the Internet, it's like humanity acquiring a collective nervous system. Whereas previously we were more like a [?], like a collection of cells that communicated by diffusion. With the advent of the Internet, it was suddenly like we got a nervous system. It's a hugely impactful thing."
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Personal Development
"I've actually made a prediction that within 30 years a majority of new cars made in the United States will be electric. And I don't mean hybrid, I mean fully electric."
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Personal Development
"Self-driving cars are the natural extension of active safety and obviously something we should do."
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"We experienced similiar fears in the 1880s, at the end of World War I and II. And we ran out in the 1970s."
War
"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."
Technology
"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."
Oil
"The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly."
Nation
"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."
War
"The starting point for energy security today as it has always been is diversification of supplies and sources."
Energy
"We are living in a new age of energy supply anxiety."
Age
"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."
Politics
"In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient."
Money
"The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line."
Now
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