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Quote by Daniel Yergin

“The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line.”

Quote by Daniel Yergin

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Daniel Yergin
Daniel Yergin

Daniel Yergin is a renowned American historian and energy expert. His works delve into the relationship between energy and global politics and economics, with his book 'The Prize: The Epic Quest for Oil, Money, and Power' being hailed as a classic in the field of energy. more

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“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.”

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Book:The Quest: Energy, Security, and the Remaking of the Modern World
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“In the mid-1980s, operating problems took [nuclear] plants off-line so often that, on an annual basis, they operated at only about 55 percent of their rated total generating capacity. Today, as a result of several decades of experience and an intense focus on performance ... nuclear plants in the United States operate at over 90 percent of capacity. That improvement in operating efficiently is so significant in its impact that it can almost be seen as a new source in electric power itself.”

StatesProblemTodayLinesUnitedResultsUnited StatesFocusSourcePercentCapacityPerformancesBasesImpactPlantDecadesNuclearImprovementSignificantIntenseElectricAnnualsElectric PowerNuclear Plants
Author:Daniel Yergin
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“According to one study by the United States Geological survey, 86 percent of oil reserves in the United States are the result not of what is estimated at the time of discovery but of the revisions and additions that come with further development.”

StatesUnitedResultsUnited StatesStudyDevelopmentPercentDiscoveryOilReservesSurveysRevision
Book:The Quest: Energy, Security, and the Remaking of the Modern World
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