Daniel Yergin Quotes

The world has produced about 1 trillion barrels of oil since the start of the industry in the nineteenth century. Currently, it is thought that there are at least 5 trillion barrels of petroleum resources, of which 1.4 trillion is sufficiently developed and technically and economically accessible.

You see this in the oil industry time and time again. Fears that we've found the last oil, that we're going to run out, pop up constantly. And soon afterward, because the price goes up, huge new reservoirs are discovered.

I mean, Rex Tillerson is in the business of exploring and finding oil across the globe.

I'm only interested in Libya if we keep the oil. If we don't keep the oil, I'm not interested.

I've said it before and I'll say it again. The U.S. Geological Survey has told me that the proven potential for oil in Alaska alone is greater than the proven reserves in Saudi Arabia.

Colorado's collective shale deposits contain somewhere in the neighborhood of 1 trillion barrels of oil. That's almost as much as the entire world's proven oil reserves!

We consume about 25 percent of the world's oil every year, but we only have reserves, including that which has not been pumped, of about 3 percent of the oil reserves in the world.

We access virtually every producing basin, whether for natural gas or crude oil, in the U.S. and Canada.

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.

[Describing Iraq:] … floats on a sea of oil.

I'm glad you asked. It has nothing to do with oil, literally nothing to do with oil.

All of Iraq's oil fields are under U.S. control which is ironic considering all the gas stations here are run by Middle Easterners.

Nothing would please me more, but who else would pump the oil that we need? God damn America.

All my life I have been hearing that the oil was going to run out. It never happens. They keep discovering new oil fields. The world is apparently floating in oil fields.

When you're talking about Iraq and oil, you're talking about a mess, no matter who's in charge.

J. Paul Getty, who still hasn't been buried - they keep finding oil! Never got a dinner!

I want to give a shout-out to all my Saudi Arabian brothers and sisters. If you could all please send me some oil for my jet, I would truly appreciate it.

We consume about 25 percent of the world's oil. We only have 2 percent of the reserves.

Some people find oil. Others don't.

American companies will have a big shot at Iraqi oil.

By some estimates, the oil you recently discovered off the shores of Brazil could amount to twice the reserves we have in the United States. We want to work with you. We want to help with technology and support to develop these oil reserves safely, and when you're ready to start selling, we want to be one of your best customers.

In the United States, liberals have made it virtually impossible [to increase the supply of oil] by banning drilling in all sorts of places and preventing any new refinery from being built anywhere in the country in the last 30 years.

Rockefeller made his money in oil, which he discovered at the bottom of wells. Oil was considered crude in those days, but so was Rockefeller. Now both are considered quite refined.

The biggest surprise was that a country like Angola, that has so much money, that produces so much oil, would be in such a mess and so difficult to travel in. Something is almost cursed in striking oil. It's like the lottery winner who ends up broke.

Geologists claim that although the world is running out of oil, there is still a 200-hundred-year supply of brake fluid.