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“... solution was to let the market decide. It was the market, though, that was the problem. Daniel Yergin calls the price fall in 1986 the Third Oil Shock. The first had been in 1973, when the Organisation of Petroleum-Exporting Countries had raised the ‘posted price’ of oil, on which their revenues were calculated, to match the rocketing ...”

“... At present it seems more of a joke than a piece of serious ‘scenario planning’ on the part of Daniel Yergin and Thane Gustafson, from whose book it comes. Though it may not, at first sight, appear any less plausible than a capitalist China ruled by the Chinese Communist Party would have seemed in the Sixties or Seventies, or a Japan producing ...”

“... with socialist characteristics. For thirty years, new theories ruled. That, according to Daniel Yergin and Joseph Stanislaw, was the trouble. Yergin, like Landes, is a gifted narrator. The Prize, his 1991 history of what he called ‘the epic quest for oil, money and power’ in the 20th century, was an ...”

“... and his personal sledgehammer. If the force of his personality failed to get them to back off, Daniel Yergin writes in The Prize, ‘he would deliver a powerful kick or pull out his revolver and shout: “I don’t speak your blasted language!”’ The Norton-Griffiths vignette contains the essence of a notion that has shimmered in the political ...”

“... and the role of natural gas in East-West relations (The Bridge, 2020). In 1995 he co-wrote, with Daniel Yergin, Russia 2010 and What It Means for the World, which laid out various scenarios for what then seemed a distant future. (They included full-blown territorial break-up, a resoundingly successful free-market transition, and the advent of an ...”

“... philanthropies, terrorist cells and media networks – all gained relative power.’ The title of Daniel Yergin’s history of the oil industry, The Prize (1991), came from a similar argument made by Winston Churchill in 1911, when he was First Lord of the Admiralty. The best way to prepare for war with Germany, Churchill believed, would be to upgrade ...”