A premium in the oil price of somewhere between 10 to 15 dollars a barrel reflects this heightened anxiety.
Daniel YerginFirst, 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.
Daniel YerginThe North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line.
Daniel YerginEven Silicon Valley investors have put well over a $1 billion in new energy technologies.
Daniel Yergin