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 Quotes
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.
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| Birth: | 6th February, 1947 |
| Nationality: | American |
| Profession: | Author, Historian, Lecturer, Researcher, Speaker |
About
Daniel Howard Yergin was born in Los Angeles, California. He is a Pulitzer Prize-winning American author, speaker, historian and economic researcher. He is best known as author of The Prize: The Epic Quest for Oil, Money, and Power and The Quest: Energy, Security, and the Remaking of the Modern World. He received his B.A. from Yale University in 1968. He earned his PhD in International Relations from Cambridge University where he was a Marshall Scholar. From 1978 through 1980, he was a Lecturer at the Harvard Business School and, until 1985, a Lecturer at Harvard's Kennedy School of Government. He is the co-founder and chairman of Cambridge Energy Research Associates, an energy research consultancy that is now part of IHS Inc.
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