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Q&A with Daniel Yergin: US shale boom shaking up the global energy order

Daniel Yergin is vice chairman of research company IHS and author of "The Quest: Energy, Security, and the Remaking of the Modern World."

TOKYO Oil prices remain stuck at low levels, unaffected by the waves of risk washing over the world amid mounting geopolitical tension. What is driving that trend, and how long will it last? The Nikkei Asian Review put these and other questions to Daniel Yergin, vice chairman of research company IHS and a world-renowned expert on oil prices.

Why are oil prices so low? There are two continuing puzzles about the price collapse. First, the 50% fall in prices has not been the global economic stimulus that might have been expected.

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