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Daniel Yergin Quotes Page 2 of 2Daniel Yergin February 6, 1947 - Nationality: American Category: Author Subcategory: American Author
| 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. | 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. | 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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