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Plenty of readers live a "black-box" existence. The estimates for the world's total stock of oil keep growing."īut while optimistic, Yergin is no Pollyanna, no single-minded driller without an appreciation of the costs that oil exploration, drilling, transportation and consumption extract.Īs a result, The Quest is a book - a tour de force, really - that evaluates the alternatives to oil so broadly and deeply that the physical tome could double as a doorstop. He seems certain "that the world is clearly not running out of oil.

At the end of 2009, "The world's proved oil reserves were 1.5 trillion barrels, slightly more than at the beginning of that year," Yergin says in The Quest. — - As Americans build bigger and bigger mansions, design taller and taller skyscrapers, drive larger and larger SUVs, power more and more appliances, and citizens in other nations such as China develop residential and commercial needs that expand each year, can the Earth yield enough oil to fuel such growth?ĭaniel Yergin is an expert on such matters, and he says the answer is yes, at least for a long, long time.