Surging sectarian bloodshed in Iraq and an escalating regional war are undercutting one of the world’s fastest-growing economies and undermining U.S. aspirations for making Iraq a model for Middle East democracy.
The likelihood of Republicans gaining control of the U.S. House of Representatives means more focus on creating jobs than reducing carbon emissions, said Daniel Yergin , Pulitzer-winning author of oil-industry history “The Prize.”
Global energy demand will climb 30 to 40 percent in the next 20 years, spurred by rising incomes in emerging markets and global economic growth, said Daniel Yergin , chairman of IHS-Cambridge Energy Research Associates.
The BP Plc oil well that’s spilling thousands of barrels of crude a day into the Gulf of Mexico may delay plans for domestic offshore drilling, according to Daniel Yergin, chairman of IHS-Cambridge Energy Research Associates.
The world must prepare for the next energy boom, officials meeting this week in Montreal said, as long-range forecasts that demand will surge eclipse concern that the pace of the global economic recovery is slowing.