This book is one of those rare non-fiction books that is simultaneously huge, broad, very deeply researched and annotated, and emminantly readable. Daniel Yergin has detailed, in broad strokes, the entire history of the Oil Industry from the first discovery in Titusville, PA to the invasion of Iraq. What makes this book good is its easy and flowing storyteller style in detailing very complex political and socio-economic world affairs. What makes it a great book and a bestseller is the epic nature the book takes on. The subtitle ‘Epic Quest,” sounds a lot like an editorial decision to sell books, but it is quite accurately descriptive of the book’s evocative power. One really gets a sense of global struggle, and Yergin’s focus on the stories of individual people gives the book a very intimate feel to it. Hense ‘Epic Quest.’ Sounds silly, but read the book and you’ll understand.
Deemed “the best history of oil ever written” by Business Week and with more than 300,000 copies in print, Daniel Yergin’s Pulitzer Prize–winning account of the global pursuit of oil, money, and power has been extensively updated to address the current energy crisis.
Daniel Yergin’s readily understood book belies his background. After all, he heads Cambridge Energy Research Associates, a think tank that sells “guidances” for $5000 per copy. Unlike the audience for those reports, this book has a feel that appeals to anyone who wants to read narrative history. He mixes several elements in his book. First, there are a series of personality profiles around famous oil personalities. They go back as far as Standard Oil and the Rockefeller family. There are also some interesting dramas — oil rushes in Western Pennsyvania, the Six Days War in the Middle East, the last days of World War II.
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This book changed my understanding of what oil means to warfare. Oil is speed. That makes the difference in the oceans and in the deserts. Winston Churchill saw this in the years prior to WWI when he sought funding for more naval research into oil powered ships. That paid off for England handsomely in both WWI and II. Rommel and the German effort may have failed for the absence of oil. Yergin describes the efforts of the Germans to develop synthetic oil and the inability to continue their blitzkrieg strategy without oil. Same thing for the Japanese. One of my favorite parts was reading about the efforts by the Japanese to make oil from tree extracts in lieu of petroleum.
This book won the Pulitzer Prize in the early 90s. It stops just prior to the First Gulf War. The photographs inserted between the text add a lot to the book as well.
The Prize: The Epic Quest for Oil, Money & Power Info
- Paperback: 928 pages ( Download PDF :
) - Publisher: Free Press; Reissue edition (December 23, 2008)
- Language: English
- Product Dimensions: 6.1 x 1.7 x 9.2 inches
- Author: Daniel Yergin
- ISBN-10: 1439110123
- ISBN-13: 978-1439110126
About the Author
Daniel Yergin is the bestselling author of The Prize, The Commanding Heights, Shattered Peace, Russia 2010, and What It Means for the World, and coauthor of Energy Future. Chairman of Cambridge Energy Research Associates, a leading international energy consulting firm, he is also global energy expert for the CNBC business news network.
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