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Daniel Yergin

๐Ÿ‘ค Speaker
999 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

is a reliable provider.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

And you're not going to see something like the Biden administration where they put a freeze on LNG.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

But U.S.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

LNG is by far the largest supplier now and with part of gutter really damaged, at least for a few years out of it will be even more reliance on U.S.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

LNG.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

You never want to say anything is for sure forever because things really do change.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

And even I think tracing your remarks at the beginning about how the world looked in 2019 and here seven years later, the world looks very different.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

So many changes could happen.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

I think there's been the general view and there was a debate really at SEER Week among the CEOs about shale, that question.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Some saying, well, it's plateaued or going to plateau pretty soon.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Now it's plateauing at a very high number.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

I mean, almost 14 million barrels a day and maybe going a little higher than that.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Others say, no, technology is going to unlock.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

The recovery rate is now like 7%.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

And if you can get it to 10% or 12%, it will go on longer.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

So I think, at least if we look out a few decades, the US will continue to be a big producer of oil unless something dramatically changes.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

And even longer, we have very abundant gas.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Forever, things can change, policy can change.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

If you have a Bernie Sanders administration someday, it will be a very different picture than what we have today.

Odd Lots
Daniel Yergin Sees a 'Different World' Emerging After the Hormuz Crisis

Well, I feel what I'm struck by is the continuity that the Iranian oil workers went on strike in 1978.