
Global Energy Expert Daniel Yergin
Intelligence Matters
00:00
Is There a Crisis in the South China Sea?
The south china sea is where us and chinese ships come close to colliding with each other. There's just a fundamental disagreement and a clash, in a sense, between national interests and security interests between two sides. And it does have some parallels to a p an crane. It does, and absolutely does. Dan cranes is clearly one of the factors that's impacting on global energy markets. You wrote a number of weeks ago that we're in an energy crisis as serious as those that we suffered in the past, including the two oil shocks in the 19 seventies. Oil prices have eased a bit since then, but i wonder if you would still say that, that we're
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