Books of The Times: ‘The Quest’ by Daniel Yergin - Review

The Quest author Daniel Yergin studied the fracking process extensively with his team at IHS Cambridge Energy Research Associates and concluded it's safe, "if it is done right."

The 451 Group: Inorganic Growth submits: Quest Software (QSFT) has announced the acquisition of e-DMZ Security, an independent and self-funded player in the growing privileged identity management (PIM) market, for an undisclosed sum.

With TNK-BP, Rosneft overtakes Exxon and PetroChina Co. in output. It will pump about 4.1 million barrels a day this year OAO Rosneft’s US$55-billion takeover of TNK-BP creates an empire stretching from Russia’s Far East to Venezuela that pumps almost 5% of the world’s crude.

Saturday, September 17, the WSJ ran an essay by Daniel Yergin called, “There Will Be Oil.” In the essay, Yergin argues that the advocates of “peak oil” theory are wrong. He says, “Meeting future demand will require innovation, investment and the development of more challenging resources,” but he doesn’t make this sound like a huge problem. Most of the big challenges would be above ground issues, like politics, mismanagement of resources, and wars.

Submitted by MickeyMan via The World Complex blog,

Oil expert Daniel Yergin says the break in prices could quickly reverse if tensions with Iran rise again.