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Daniel Yergin

"Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods."

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"Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods."

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Explore more quotes by Daniel Yergin

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Daniel Yergin
"Even Silicon Valley investors have put well over a $1 billion in new energy technologies."
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Daniel Yergin
"We are living in a new age of energy supply anxiety."
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Daniel Yergin
"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."
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Daniel Yergin
"We experienced similiar fears in the 1880s, at the end of World War I and II. And we ran out in the 1970s."
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Daniel Yergin
"Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods."
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Daniel Yergin
"It's extraordinary how inventive one can be with ethanol right now."
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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."
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Daniel Yergin
"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."
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Daniel Yergin
"Cycles of shortage and surplus characterize the entire history of oil."
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Daniel Yergin
"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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