Daniel Yergin is a highly respected authority on energy, international politics, and economics. He is Vice Chairman of S&P Global and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy”. Time Magazine said, “If there is one man whose opinion matters more than any other on global energy markets, it’s Daniel Yergin.” Fortune said that he is “one of the planet’s foremost thinkers about energy and its implications.” The New York Times described Daniel Yergin as “America’s most influential energy pundit”. In 2014, the Prime Minister of India presented Dr. Yergin with “Lifetime Achievement Award” and the U.S. Department of Energy awarded him the first “James Schlesinger Medal for Energy Security.” Dr. Yergin is a Pulitzer Prize winning author. His latest book, The New Map: Energy, Climate, and the Clash of Nations, was designated by Kirkus as “required reading. Another winner from a master.” Dr. Yergin also authored the bestseller The Quest: Energy, Security, and the Remaking of the Modern World. The Economist described The Quest as “a masterly piece of work” by The Economist and The Financial Times called it “a triumph.” The New York Times said it is “necessary reading for C.E.O.’s, conservationists, lawmakers, generals, spies, tech geeks, thriller writers,” among many others. Bill Gates summed up his review saying, “This is a fantastic book.” Dr. Yergin is known around the world for his book The Prize: the Epic Quest for Oil Money and Power, which was awarded the Pulitzer Prize. It became a number one New York Times best seller and has been translated into 20 languages. Of Dr. Yergin’s book Commanding Heights: The Battle for the World Economy, which has been translated into 13 languages, The Wall Street Journal said, “No one could ask for a better account of the world’s political and economic destiny since World War II.” Both The Prize and Commanding Heights were made into award-winning television documentaries for PBS, BBC, and Japan’s NHK, which Dr. Yergin co-produced and co-wrote, and for which he was the leading narrator. The Commanding Heights received 3 Emmy nominations, CINE Golden Eagle Award, and the New York Festival’s Gold World Medal for Best Documentary. Dr. Yergin was awarded the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” He received the Charles Percy Award for Public Service from the Alliance to Save Energy. The International Association for Energy Economics gave Dr. Yergin its 2012 award for “outstanding contributions to the profession of energy economics and to its literature.” The University of Pennsylvania awarded him the first Carnot Prize for “distinguished contributions to energy policy.” Dr. Yergin has served on the US Secretary of Energy Advisory Board under the last four presidents. He is a member of the Energy Policy Council of the Dallas Federal Reserve. Dr. Yergin is a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He is a member of the National Petroleum Council, a director of the United States Energy Association, and of the US-Russia Business Council. He is a member of the Advisory Boards of the Massachusetts Institute of Technology Energy Initiative and of the Columbia University Center on Global Energy Policy and of Singapore’s International Energy Advisory Board. He is a “Wise Man” of the International Gas Union and a member of India’s Ministry of Petroleum Think Tank. Dr. Yergin holds a BA from Yale University, where he founded The New Journal, and a PhD from Cambridge University, where he was a Marshall Scholar.
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Episode 486
Daniel Yergin
Schrödinger’s Strait and the New Energy Order | Daniel Yergin
Daniel Yergin is a highly respected authority on energy, international politics, and economics. He is Vice Chairman of S&P Global and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy”. Time Magazine said, “If there is one man whose opinion matters more than any other on global energy markets, it’s Daniel Yergin.” Fortune said that he is “one of the planet’s foremost thinkers about energy and its implications.” The New York Times described Daniel Yergin as “America’s most influential energy pundit”. In 2014, the Prime Minister of India presented Dr. Yergin with “Lifetime Achievement Award” and the U.S. Department of Energy awarded him the first “James Schlesinger Medal for Energy Security.” Dr. Yergin is a Pulitzer Prize winning author. His latest book, The New Map: Energy, Climate, and the Clash of Nations, was designated by Kirkus as “required reading. Another winner from a master.” Dr. Yergin also authored the bestseller The Quest: Energy, Security, and the Remaking of the Modern World. The Economist described The Quest as “a masterly piece of work” by The Economist and The Financial Times called it “a triumph.” The New York Times said it is “necessary reading for C.E.O.’s, conservationists, lawmakers, generals, spies, tech geeks, thriller writers,” among many others. Bill Gates summed up his review saying, “This is a fantastic book.” Dr. Yergin is known around the world for his book The Prize: the Epic Quest for Oil Money and Power, which was awarded the Pulitzer Prize. It became a number one New York Times best seller and has been translated into 20 languages. Of Dr. Yergin’s book Commanding Heights: The Battle for the World Economy, which has been translated into 13 languages, The Wall Street Journal said, “No one could ask for a better account of the world’s political and economic destiny since World War II.” Both The Prize and Commanding Heights were made into award-winning television documentaries for PBS, BBC, and Japan’s NHK, which Dr. Yergin co-produced and co-wrote, and for which he was the leading narrator. The Commanding Heights received 3 Emmy nominations, CINE Golden Eagle Award, and the New York Festival’s Gold World Medal for Best Documentary. Dr. Yergin was awarded the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” He received the Charles Percy Award for Public Service from the Alliance to Save Energy. The International Association for Energy Economics gave Dr. Yergin its 2012 award for “outstanding contributions to the profession of energy economics and to its literature.” The University of Pennsylvania awarded him the first Carnot Prize for “distinguished contributions to energy policy.” Dr. Yergin has served on the US Secretary of Energy Advisory Board under the last four presidents. He is a member of the Energy Policy Council of the Dallas Federal Reserve. Dr. Yergin is a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He is a member of the National Petroleum Council, a director of the United States Energy Association, and of the US-Russia Business Council. He is a member of the Advisory Boards of the Massachusetts Institute of Technology Energy Initiative and of the Columbia University Center on Global Energy Policy and of Singapore’s International Energy Advisory Board. He is a “Wise Man” of the International Gas Union and a member of India’s Ministry of Petroleum Think Tank. Dr. Yergin holds a BA from Yale University, where he founded The New Journal, and a PhD from Cambridge University, where he was a Marshall Scholar.
In Episode 486 of Hidden Forces, Demetri Kofinas speaks with Pulitzer Prize-winning author and leading authority on energy and geopolitics Daniel Yergin about the surprising resiliency of the global economy in the face of major supply disruptions and the consequences of the US war with Iran and the closure of the Strait of Hormuz for global energy markets, energy security, electrification (including alternative energy generation and storage), and the balance of power in the Gulf.
The conversation begins with a simple question: Why have energy market disruptions from both the Iran conflict and the Ukraine War proved far more manageable than many analysts and decades of scenario planning predicted? Demetri and Dan examine what that resilience tells us about the transformation of global supply chains, energy diversification, inventory management, and the roles of the United States and China as the world’s largest swing producers and consumers of energy.
From there, they turn to the broader geopolitical consequences of the crisis—the lessons China continues to draw from America’s entanglements in the Middle East, Iran’s bid to convert the Strait of Hormuz into a strategic chokepoint and long-term revenue source, the recalibration of Gulf security as American commitments to the region grows less certain, and the shifting alignments among the Gulf states, Iran, China, and the United States that will define the regional balance of power in the years ahead.
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Daniel Yergin is a highly respected authority on energy, international politics, and economics. He is Vice Chairman of S&P Global and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy”.
Time Magazine said, “If there is one man whose opinion matters more than any other on global energy markets, it’s Daniel Yergin.” Fortune said that he is “one of the planet’s foremost thinkers about energy and its implications.” The New York Times described Daniel Yergin as “America’s most influential energy pundit”.
In 2014, the Prime Minister of India presented Dr. Yergin with “Lifetime Achievement Award” and the U.S. Department of Energy awarded him the first “James Schlesinger Medal for Energy Security.”
Dr. Yergin is a Pulitzer Prize winning author. His latest book, The New Map: Energy, Climate, and the Clash of Nations, was designated by Kirkus as “required reading. Another winner from a master.”
Dr. Yergin also authored the bestseller The Quest: Energy, Security, and the Remaking of the Modern World. The Economist described The Quest as “a masterly piece of work” by The Economist and The Financial Times called it “a triumph.” The New York Times said it is “necessary reading for C.E.O.’s, conservationists, lawmakers, generals, spies, tech geeks, thriller writers,” among many others.
Bill Gates summed up his review saying, “This is a fantastic book.”
Dr. Yergin is known around the world for his book The Prize: the Epic Quest for Oil Money and Power, which was awarded the Pulitzer Prize. It became a number one New York Times best seller and has been translated into 20 languages.
Of Dr. Yergin’s book Commanding Heights: The Battle for the World Economy, which has been translated into 13 languages, The Wall Street Journal said, “No one could ask for a better account of the world’s political and economic destiny since World War II.” Both The Prize and Commanding Heights were made into award-winning television documentaries for PBS, BBC, and Japan’s NHK, which Dr. Yergin co-produced and co-wrote, and for which he was the leading narrator. The Commanding Heights received 3 Emmy nominations, CINE Golden Eagle Award, and the New York Festival’s Gold World Medal for Best Documentary.
Dr. Yergin was awarded the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” He received the Charles Percy Award for Public Service from the Alliance to Save Energy. The International Association for Energy Economics gave Dr. Yergin its 2012 award for “outstanding contributions to the profession of energy economics and to its literature.” The University of Pennsylvania awarded him the first Carnot Prize for “distinguished contributions to energy policy.”
Dr. Yergin has served on the US Secretary of Energy Advisory Board under the last four presidents. He is a member of the Energy Policy Council of the Dallas Federal Reserve.
Dr. Yergin is a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He is a member of the National Petroleum Council, a director of the United States Energy Association, and of the US-Russia Business Council. He is a member of the Advisory Boards of the Massachusetts Institute of Technology Energy Initiative and of the Columbia University Center on Global Energy Policy and of Singapore’s International Energy Advisory Board. He is a “Wise Man” of the International Gas Union and a member of India’s Ministry of Petroleum Think Tank.
Dr. Yergin holds a BA from Yale University, where he founded The New Journal, and a PhD from Cambridge University, where he was a Marshall Scholar.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
Demetri Kofinas is a media entrepreneur and financial analyst whose mission is to help uncover the hidden forces and pivotal patterns shaping our lives. His contrarian perspective and critical-thinking approach has helped hundreds of thousands of people make smarter, informed decisions. This same methodology has helped guide Demetri’s decision-making as an early-stage investor and as a creator of several innovative media properties and live events.
