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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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"I'm sure there will continue to be exciting new products and major changes, but it looks as if the existing technology has a great deal of room to grow and prosper."
"Computers seem a little too adaptively flexible, like the strange natives, odd societies, and head cases we study in the social sciences. There's more opposable thumb in the digital world than I care for; it's awfully close to human."
"Well, Naomi said cheerfully, "what's the worst that can happen? They were silent, considering that, because there were just so many possibilities. But in the end, it was a better idea than Facebook."
"A machine is more blameless, more sinless even than any animal. It has no intentions whatsoever but our own."
"Technology has become as ubiquitous as the air we breathe, so we are no longer conscious of its presence."
"Advances in technology can be empowering, progressive and enriching. History has shown this across civilisations and societies. But it has also shown, and the present and future will continue to show, that it is foolish, risky, flawed and folly without us raising our individual and collective consciousness and mindfulness to accompany it - to ensure we use it shrewdly, kindly and wisely."
"What will happen if we go to 0 day?...Everything has been wipe out from the technology?"
"As in all such technological nightmares, the principal task is to foresee what is possible; to educate use and misuse; and to prevent its organizational, bureaucratic and governmental abuse."
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."
"The starting point for energy security today as it has always been is diversification of supplies and sources."
"The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line."
"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."
"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."
"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."
"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."
"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."
"If a war started, the oil price probably would go up, as you said, maybe $5, $6 a barrel until you saw other oil from the extra supplies that are available elsewhere coming into the world, into the market."
"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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