Daniel Yergin -- News


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A perilous and crucial quest
The Economist
January 5, 2011

The author and policy advisor on peak oil, shale gas and how climate change will impact where people get their energy from.


People Who Mattered in 2011
Time magazine
December 15, 2011

If there's one man whose opinion matters more than any other on global energy markets, it's Daniel Yergin….  In 2011 Yergin came out with his long-awaited follow-up, The Quest, which surveyed the recent history of the energy industry, from oil to nuclear to renewable power.

White House Faces Tough Choice On Iran Sanctions
NPR’s Morning Edition
December 21, 2011

Energy analyst Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, says there are no easy answers. "There are only trade-offs, and many of the trade-offs are difficult ones," Yergin says.


New Iran Sanctions, and Fears of Backfire
NPR’s Morning Edition
December 15, 2011

"Iran has done very well out of these high oil prices," notes Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and the author of The Quest, a new book on the energy economy….”

Oil boomlet sweeps U.S. as exports and production rise

USA Today
December 16, 2011
"What's occurring is a rebalancing of the world oil supply," says Daniel Yergin, energy historian and author of The Quest: Energy, Security, and the Remaking of the Modern World….”


Oil Poised to Hit 150 Year High
CBS Moneywatch
December 15, 2011

"Brent crude prices are approaching their highest annual average, a level higher than the peaks recorded by other widely accepted benchmarks going back to Colonel Drake and the origins of the modern petroleum industry in Pennsylvania more than a century and a half ago," said IHS CERA chairman Daniel Yergin.


Oil Flirts with $100 as Iran Tensions Rise
November 29, 2011
"Iran, and the Middle East in general, have kind of faded from the oil price. The oil price has been driven more than anything else by concerns about Europe and slowing in China," said Daniel Yergin, CEO of IHS CERA. "I think we're going to see, as talk increases about sanctions on Iran and Iran makes counter-threats in response, that it's going to start to play more into the oil price."


David Brooks: Shale Gas Revolution
New York Times
November 4, 2011

As Daniel Yergin writes in “The Quest,” his gripping history of energy innovation, Mitchell fought through waves of skepticism and opposition to extract natural gas from shale. The method he and his team used to release the trapped gas, called fracking, has paid off in the most immense way.


Pendulum swings on American oil independence
Financial Times
October 31, 2011

“Over the past couple of years, there has been a great U-turn in US oil supply,” says Daniel Yergin of IHS Cera, the research group. “Until recently, the question was whether oil imports would flatten out. Now we are seeing a major rebalancing of supplies.”


Yergin: Only politics can threaten energy supplies
Associated Press
October 26, 2011

"The Quest" explains how the world's energy mix will shift in the coming decades from oil and coal and toward natural gas and renewables such as wind, solar and biofuels — but very slowly. Rising prices for fossil fuels will spur new technologies for finding them, and for developing alternatives.

Yergin spoke with The Associated Press in New York about energy's past and future. Below are excerpts of the interview, edited for length and clarity.


KUHF Conversations: Daniel Yergin
KUHF-FM (Houston NPR)
October 26, 2011

Daniel Yergin made his reputation as one of the world’s most influential voices on energy with his Pulitzer-winning book, The Prize: The Epic Quest for Oil, Money & Power. KUHF business reporter Andrew Schneider spoke with Yergin about his new sequel to The Prize, entitled, The Quest: Energy, Security, and the Remaking of the Modern World.


Libya's path to oil riches remains treacherous
Associated Press
October 21, 2011

“It’s extraordinary how the Gadhafi regime squandered so much oil wealth and left it a deprived country in terms of infrastructure,” says Daniel Yergin, chairman of IHS CERA, an energy research firm, and author of a Pulitzer Prize-winning history of the oil industry. “The country will need oil revenues to rebuild and recover.”


More Mergers Likely in Booming Shale Production Business
October 18, 2011

Yergin, also CNBC's global energy analyst, is currently on tour with his new best-selling book, "The Quest: Energy, Security, and the Remaking of the Modern World."


What Is The Future Of Natural Gas Use In The U.S.?
All Things Considered (NPR)

October 16, 2011
Robert Siegel speaks with Daniel Yergin, chairman of IHS Cambridge Energy Associates and author of The Quest: Energy, Security, and the Remaking of the Modern World.


Book Review: The Quest': Daniel Yergin on oil's future
Seattle Times
October 16, 2011

Daniel Yergin's "The Quest" takes up where his magisterial history of the oil industry, "The Prize," left off, as it looks at the world's thirst for energy, present and future. Yergin discusses his book Monday, Oct. 17, at Town Hall Seattle.


Movers & shakers: Expanding on 'The Prize'
The Deal
October 14, 2011

Daniel Yergin has long been known for his astute thoughts about the oil industry. His consulting firm -- Cambridge Energy Research Associates, which was bought by IHS Inc. in 2004 -- has become the pre-eminent purveyor of information on all things energy, and his annual conference in Houston -- CERAWeek -- is a must-attend among energy bigwigs.



Will Saudis Play Oil Card In Revenge Against Iran?
Morning Edition (NPR)
October 13, 2011

"It's a very blunt weapon, very uncertain in terms of its impact, how low the prices go, who else is affected," says Daniel Yergin, chairman of IHS Cambridge Energy Research Associates. "So this is not something that can be a fine-tuned policy."


The Quest: The Daniel Yergin Interview
Yahoo! Finance
October 12, 2011

"The harnessing of energy is what makes possible the world as we know it. But can we bet on that for the future?" That's the question Pulitzer-Prize winning author Daniel Yergin asks and attempts to answer in his new book The Quest: Energy, Security and the Remaking of the Modern World.


Energy and the Future
Think (KERA-FM, Dallas)
October 12, 2011

Why does the global energy system work the way it does and what will it take to meet our energy needs in the future? We’ll find out this hour with Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and author of the new book “The Quest: Energy, Security, and the Remaking of the Modern World”


(Audio) Light bulbs to light rail: the essentials of energy in the 21st century
Air Talk – KPCC-FM
October 10, 2011

Interview with Daniel Yergin, author of The Quest.

A Slow-Motion Revolution That Is Changing the World
Foreign Policy
October 4, 2011

This new book is such an exceptional achievement, a work of scholarship that is full of compelling story-telling, an exploration of some of the most vital issues of our time that frames them in a sound history and penetrating analysis, that its publication has much greater resonance.

Q&A: Renewables and efficiency in our energy future
Boston Globe
October 2, 2011

Daniel Yergin, chairman of energy forecasting firm IHS Cambridge Energy Research Associates, is considered to be among the world’s most knowledgeable experts on energy issues. In 1992, he won the Pulitzer Prize for his book “The Prize’’ about the history of oil and the oil industry. Yergin was in Boston recently promoting a new book, “The Quest: Energy Security, and the Remaking of the Modern World.’’ He spoke with Globe reporter Erin Ailworth.


Q&A: Daniel Yergin updates the story of oil
Houston Chronicle
September 30, 2011

The Quest, leaves off where The Prize stopped in 1990 and puts energy developments of the last 20 years into perspective. It also delves into the history and future of topics such as renewable energy and climate change and looks ahead at the role fossil fuels will play.

How Will We Fuel the Future?
New York Times
September 25, 2011

Review by Fareed Zakaria: "A valuable primer on the basic issues that define energy today."

New technologies won't erase fossil fuels, energy expert says

Philadelphia Inquirer

September 24, 2011

With all the excitement over renewable energy, it might be reasonable to assume that fossil fuels such as coal, oil, and natural gas will go the way of the steam engine in the next 20 years. Not so fast, says Daniel Yergin, author and one of the most influential voices in the world of energy.


Review: The Quest by Daniel Yergin
New York Times
September 20, 2011

Mr. Yergin is back with a sequel to “The Prize.” It is called “The Quest: Energy, Security, and the Remaking of the Modern World,” and, if anything, it’s an even better book.


Yergin's Quest Takes Broad Look at Energy
September 20, 2011

Yergin's new book "The Quest" hit bookseller websites and stores on Tuesday, looking at every solution from fossil fuels to solar and nuclear energy in a far broader sweep than his previous work.


Review: The Quest
The Economist
September 17, 2011
“The Quest” is a masterly piece of work and, as a comprehensive guide to the world’s great energy needs and dilemmas, it will be hard to beat.

Oil Historian Daniel Yergin: Plenty of Oil, Risk in Energy Outlook
When Daniel Yergin published "The Prize," an 873-page exhaustive historical narrative about oil, in 1991, it changed how policymakers and academics alike thought about energy. His new book "The Quest," published Tuesday, is likely to do the same.

Financial Times
September 16, 2011
 Daniel Yergin’s guide to the essentials of energy in the 21st century is another triumph.


Panel urges steps to reduce shale-drilling risks | Philadelphia ...
Philadelphia Inquirer
August 11, 2011
Other subcommittee members include Fred Krupp, president of the nonprofit Environmental Defense Fund, and Daniel Yergin, chairman of IHS Cambridge Energy ...

FT Goldman Sachs Business Book of the Year 2011
Financial Times
August 8, 2011

These and the other longlisted titles are big books in every sense (The Quest, energy expert Daniel Yergin’s sequel to The Prize, runs to more than 700 pages).

Study estimates costs of congested offshore permitting process
Oil & Gas Journal
July 21, 2011

“It’s quite clear that after last year’s accident and spill, there’s no going back to the old regulatory regime,” said IHS-CERA Chairman Daniel Yergin. “We didn’t try to say what the reason was, but where the congestion was. There obviously are different viewpoints on what’s causing it and what needs to be done.”

Study finds Gulf permit backlog costs jobs, tax revenue
San Antonio Express
July 21, 2011

IHS CERA Chairman Daniel Yergin said in a conference call the study doesn't try to answer why the pace of permitting has slowed or how it should be fixed. Rather, it simply identifies the problem and the missed economic opportunities.

GoM activity ?congested? by regulatory oversight, finds IHS study
Offshore Oil and Gas Magazine
July 21, 2011

“It is up to both the regulators and industry to find the reasons for this congestion point and to determine what needs to be done,” said Daniel Yergin, chairman of IHS CERA.

Upstream oil, gas project costs rising fast -IHS
Reuters Africa
June 29, 2011

"The steady rise of upstream costs is a product of confidence changing outlook," IHS CERA Chairman Daniel Yergin said in a statement.


EPA officials: Sound science will guide hydraulic fracturing study
Houston Chronicle
June 28, 2011

Deutch and other panel members said there were far few federal dollars dedicated to researching hydraulic fracturing.

Given the “high degree of importance and the high degree of interest” in the subject, the federal research budget on shale gas is too low, said Daniel Yergin, chairman of IHS Cambridge Energy Research Associates.

Crude Oil Falls to a Four-Month Low in London on IEA Release
June 24, 2011

The IEA is using the release as an economic stimulus measure, and if it’s successful in driving down prices, it would serve as a “tax cut” for consumers, boosting both spending and confidence, according to a report today from Daniel Yergin and James Burkhard at IHS-Cambridge Energy Research Associates.

Yergin Says IEA Oil Release an Economic Stimulus, 'Tax Cut'
June 24, 2011

The release from emergency stockpiles of 60 million barrels of oil, or 2 million barrels a day for 30 days beginning next week, follows a disruption in supplies from Libya and could boost both consumer spending power and confidence, according to IHS-CERA’s Daniel Yergin and James Burkhard.

Energy experts: Dont cut Energy Info Admin budget
Houston Chronicle
June 15, 2011

The letter (see it below) includes a number of other names readers might recognize, including IHS-CERA Chairman Dan Yergin, FuelFix guest blogger/Baker Institute Fellow Amy Jaffe, Former Shell executive John Hoffmeister and Presidential spill commission co-chairmen Bill Reilly and Robert Graham.

OPEC Refuses to Increase Production Output
National Journal
June 8, 2011

IHS CERA Chairman Daniel Yergin told National Journal Daily earlier this year that there is no actual shortage of supply, but said that the market and prices reflect fears and political risk.


Fracture on Fracking
New York Times
May 6, 2011

Secretary of Energy Steven Chu has appointed a panel of seven scientific and environmental worthies to study the rapidly growing method of natural gas extraction….

The group includes John Deutch, a former Central Intelligence Agency director; Kathleen McGinty, a former top White House environmental adviser; and Daniel Yergin, probably the best-known oil industry analyst in the country.

Death does little to slow oil price spike
May 2, 2011

“The immediate market reaction is this is good news in terms of risk but there are a lot of other big risks that are deeply embedded in the oil price right now,” said Daniel Yergin, Pulitzer Prize-winning oil historian and head of IHS Cambridge Energy Research Associates.


Fed holds the line, makes news with news conference
McClatchy Washington Bureau
April 27, 2011

Actually, U.S. and global oil consumption continue to rise, but energy experts such as oil historian Daniel Yergin have noted that technology and new global producers are allowing supplies to increase in kind.

Nuclear Woes Could Propel Quest For Natural Gas
April 8, 2011

"The big beneficiary here will be natural gas," says Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and author of the Pulitzer Prize-winning book The Prize: The Epic Quest for Oil, Money and Power.

Natural Gas Gets Boost Amid New Nuclear Fears
Wall Street Journal
March 18, 2011

"The half-life of the Chernobyl in its impact on policy and public opinion seemed to have been passed," say Daniel Yergin, Washington-based energy specialist and chairman of IHS Cambridge Energy Research Association.

Obama Nuclear Policy Plan Takes A Hit
March 17, 2011

DANIEL YERGIN (Chairman, IHS-Cambridge Energy Research Associates): A year ago, there seemed to be a broad agreement on a big tent for energy policy, everything from climate change legislation to expanding offshore drilling to reinvigorating nuclear power in the United States.

Coping with the drop in oil supplies
March 10, 2011

The general view is that, as of now, the world can easily cope with the drop in supply. Dan Yergin, chairman of CERA, the consultancy hosting the conference, told FT Energy Source: “This is a manageable disruption.’’

Timing is right for this energy event
Calgary Herald
March 8, 2011

And when it comes to this year's CERAWeek, the annual, global energy symposium hosted by IHS and chaired by IHS CERA chairman Daniel Yergin, the timing couldn't be better.

Amid Turmoil, a Key Voice Urges Calm
National Journal
March 7, 2011

“There should be a higher degree of confidence—wary confidence—but realistic confidence, about the current situation,” Daniel Yergin, chairman of the IHS Cambridge Energy Research Associates, told National Journal Daily in an interview on Friday.

Oil hits $100 a barrel
March 2, 2011

So is Nixon's goal of U.S. energy independence a mere dream? Daniel Yergin is author of "The Prize: The Epic Quest for Oil, Money and Power." He says energy independence has always been an elusive goal, given our lifestyle and the breadth of the American economy. Until we all start driving cars fueled by some economical alternative to oil, Yergin argues we should set more practical goals.

Expert Warns Against Tapping Oil Reserves
Wall Street Journal
February 25, 2011

The reserves are "there to deal with a disruption," Mr. Yergin said Thursday on The Wall Street Journal's "Big Interview" program. "Basically, I think it's unwise for the U.S. government to get in the business of price controls."

Spiking Oil Prices: Time To Worry Yet?
February 23, 2011

For IHS Cambridge Energy Research Chairman Daniel Yergin, the panic point will hit when oil routinely costs more than $100 a barrel. That benchmark, Yergin tells CNBC, "starts being a worrying setback for the economy. It hits consumer confidence and spending — and a lot of businesses, beginning with airlines."

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