The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line.
Daniel Yergin
-
Next Quote
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.
- Daniel Yergin -
Previous Quote
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.
- Daniel Yergin