特別報導

[-特別報導-] Daniel Yergin Statement on Death of Muammar Qaddafi

(10/20/2011 IHS Online Pressroom)

IHS Online Pressroom

The following is a statement by Daniel Yergin, Chairman of IHS CERA and author of The Quest: Energy, Security and the Remaking of the Modern World on news of the death of Muammar Qaddafi:

“The rise and fall Muammar Qaddafi marks two pivotal points in the history of oil,” IHS CERA Chairman and author of The Quest: Energy, Security and the Remaking of the Modern World, Daniel Yergin said.

“After taking over power in Libya in 1969, a 29-year-old Qaddafi initiated radical moves—a shift in power from international companies to oil exporting countries—that set the stage to the oil crises of the 1970s that thrust oil to the center of world politics. Qaddafi’s death comes at another signal moment when the world is moving into a new oil era marked by the peaking of oil demand in the West and the shift toward the fast growth in oil use in emerging markets.”

Dr. Yergin expects the news of Qaddafi’s death to have limited impact on energy markets that had already factored-in such a scenario.

“The writing had been on the wall for some time in this conflict, and Libyan oil production had already started to recover from the near total disruption that occurred at the height of the civil war,” Yergin said. “The news of Gaddafi’s death will certainly send a collective signal that the next phase in Libya’s national recovery can now begin. But in terms of physical oil production there is not much that can be done in the short term that is not already being done.”

Note to Editors:

For more on this subject see Dr. Yergin’s recent oped, The Perils, Prizes and Pitfalls of the Post-Gaddafi era of Oil in the Financial Times.

http://www.ft.com/intl/cms/s/0/1b0d3e0c-ee76-11e0-a2ed-00144feab49a.html#axzz1aPhfo4WH

For more information about Daniel Yergin and The Quest visit www.danielyergin.com and the Daniel Yergin IHS Press Page.

( 回首頁 Houston eWIND )

.