Yergin: US energy security lies in diversified supply

The US will focus more on Eurasia, West Africa, and Latin America to diversify its oil supply sources and bolster energy security in the face of increasing imports and rising Middle East tensions, contends Daniel Yergin.Yergin, chairman of Cambridge Energy Research Associates, a Massachusetts-based, international think tank, made the comments in recent testimony before the US House Committee on International Relations. Click here to enlarge image"We see significant growth in world oil supplies over the rest of this decade—measured in terms of additions to capacity, something on the order of a 22% increase," Yergin testified. "Some of the most noteworthy growth will occur in Eurasi...

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