"First, we have to find a common vocabulary for energy security. This notion has a radically differen..." — Daniel Yergin

But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.

Cycles of shortage and surplus characterize the entire history of oil.

Even Silicon Valley investors have put well over a $1 billion in new energy technologies.

The North Sea was supposed to run out in the 1980s. Then in the 1990s. And now production is still on-line.