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Daniel Yergin's first prize-winning book, Shattered Peace, was a history of the Cold War. Afterwards the young academic star joined the energy project of the Harvard Business School and wrote the best-seller Energy Future. Following on from there,
The Prize, winner of the 1992 Pulitzer Prize for nonfiction, is a comprehensive history of one of the commodities that powers the world--oil. Founded in the 19th century, the oil industry began producing kerosene for lamps and progressed to gasoline. Huge personal fortunes arose from it, and whole nations sprung out of the power politics of the oil wells. Yergin's fascinating account sweeps from early robber barons like John D. Rockefeller, to the oil crisis of the 1970s, through to the Gulf War.
Book Description
Pulitzer Prize Winner -- and Now an Epic PBS Series
The Prize recounts the panoramic history of oil -- and the struggle for wealth power that has always surrounded oil. This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations. The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of this history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm.
The cast extends from wildcatters and rogues to oil tycoons, and from Winston Churchill and Ibn Saud to George Bush and Saddam Hussein. The definitive work on the subject of oil and a major contribution to understanding our century, The Prize is a book of extraordinary breadth, riveting excitement -- and great importance.
Customer Reviews:
First to cover the topic, but still a facile book.......2007-09-17
Yergen gets kudos for being the first to cover this topic, but his account (perhaps because it's now outdated) is facile and pro-oil company. Every time the oil companies are thwarted he seems to blame straw men for it: tree huggers, the people that hounded poor misunderstood Tricky Dick Nixon, the Saudi sheiks (best friends of Bush, Cheney, et al). He never turns his gaze on the corruption of the oil companies themselves. We hit peak oil in the U.S. in the 1960s. The oil companies suppressed any attempts since then to find alternative fuels. Now we are up the creek, so to speak, with the Oil Men running the Show. Some "Prize". I'd say it's the booby prize. The best overview of our current fix is Lawrence Wright's The Looming Tower.
The Age of Oil.......2007-07-04
We are living in the Age of oil.
World and human civilization have experienced different "ages" such as the Bronze Age, Iron Age, and Gilded Age, and so on. The 20th and 21st Centuries are indeed, the "Oil Age." We are living in it. This book is one of the most informative and relevant books published in recent years, In my opinion. This work by Daniel Yergin was and still is prescient today, in 2007. "The Prize" tells the story of where we are today, and how we got here. It also latently foresees where we're going in the future. The book doesn't tell us - we just know. We're human. This book is so comprehensive and has so much information only a small portion of it can be noted. Below relates to WWII, and former Iranian leader Dr. Mohammed Mossadegh.
"The Prize" proceeds chronologically. And within the chapters there are numerous mini-subtitles for sub-chapters that connect the big picture. The bibliography and index are excellent and can be used to tie in different figures and historical occurrences. The 'history of oil' is actually the history of the world: humankind, business, innovations, globalization, war, and geo-political power-plays. The very survival of a nation-state is based upon oil.
"The Prize" begins with tiny puddles of black, sticky, goo, in Pennsylvania in the mid 1800s. Locals collected this goo and realized its many uses. In 1859 oil was struck. Almost immediately, the wealth and power amassed from possession and control of oil was realized. The initial trust acts in the U.S. are related to the oil industry, in which Barons quickly gained gargantuan amounts of wealth and political power.
Enter WWII:
The Japanese attacked Pearl Harbor because of oil. Japanese conquests throughout South-East Asia and the Pacific were motivated not only by the quest for dominance but for securing oil and keeping their oil (fuel) supply lines open. Without supply lines of oil, the war machine would completely break down, as it later did (Chapter 8).
The Americans sacrificed a lot, but Japan in large part lost WWII because of its lack of fuel for planes, ships, and ground forces. Domestically, the Japanese economy collapsed because of its inability to import oil. The Kamikazes were brought into existence after the Battle of Leyte Gulf, Philippines, in 1944. Lack of oil meant lack of fighter plane fuel. Fuel supplies became so low they actually stopped training Japanese pilots at all. Pilots were ordered to "follow the leader" to the attack site because they didn't even have navigation training.
There was even an "Oil Czar" In the U.S. during World War II in PAW, the Petroleum Administration for War. The Oil Czar was Harold Ickes.
In the European Theater's Eastern Front Germany invaded Russia with Operation Barbarossa mostly to get the oil in the Caucuses (In addition to "lebensraum" and "untermensch" beliefs). In addition, a needed land-route to Iron Ore in Scandinavia via the Baltic SSR Republics was a factor. Hitler also began making synthetic oil because without enough of it Germany's war machine, domestic economy, and arms production were doomed. These synthetic oil factories were top targets in Allied bombing missions.
Oil and the Cold War World:
The Soviets dominated Eastern Europe and exerted its influence after WWII for 45 years because the Allies ran out of gasoline. When the British 3rd Army and U.S. 1st Army were advancing eastward toward Berlin chasing demoralized, retreating, and broken German troops in disarray. But because of the lack of gasoline for the Allied Armies, a million people ended up losing their lives and war was prolonged because the Germans were able to retreat and re-organize (page 388).
If someone says "it's not about the oil" today in 2007, tell them to read this book. Oil encompasses almost all things in our daily lives, whether we are are conscious of it, or not.
Oil, Military, and Economic Interests:
Democratically elected governments are overthrown by foreign governments because of oil. In 1953 Dr. Mohammed Mossadegh was democratically elected in Iran. He was an anti-communist. He didn't like the 93% to 7% profit sharing split with a British Oil company operating inside Iran. He changed it to 50-50. The CIA sponsored a coup to overthrow him. Americans were repeatedly told by the U.S. media that Mossadegh was a communist and communist sympathizer, although factually untrue. The American public believed this propaganda, according to poll results. Gullible? Mossadegh was ousted and the Shah was placed in power. Democracy has never been supported in the Middle East and it isn't now by the U.S. government. Also see the Carter Doctrine of 1980.
Most of us as individual consumers literally need oil to function. Dependence upon oil is for the continuation of the nation-state, its military machines, and domestic economy. More critical today, is that nation-states need a *sufficient* supply of it.
This is a positive book. It's a history book.
We're in the heart of the "Oil Age."
Amaze.......2007-06-19
This book is the better form to say what means the oil in the world. The history is well clear end real. There are many important information and who is curious or needs to know the subject this is a perfect one.
It's interesting to know the past to forecast the future..........2007-06-14
I really appreciated Daniel YERGIN's book.
The history of oil is crucial to try to solve the huge demand for future oil. History tells us that oil is limitless in virgin deserts...
The Prize : The Epic Quest for Oil, Money & Power.......2007-06-12
Excellent, well chronicled book showing the inside of the oil world history. Amazon shipment was a slick execution which makes the book more valuable..This book is a must-have for oil and gas pros.
Product Description
Part I - 14 tapes, 21 hours. A Pulitzer Prize winner about oil, money and power in the twentieth century. Fascinating and necessary reading for our time.
Customer Reviews:
History of Oil and the Drive for Technology.......2000-06-16
This book is one of the best for enlightening those of the the 1970's forwrd of the preferred interests of their mothers and fathers. Ex- President Bush is heavily documented in his actions with those of the Middle Est in his attempts at acquiring a chunk of the oil industry. It highlights South America's Venezuela and its failing oil fields. It shows the world's efforts at unity for one major purpose. It defines OPEC and ARAMCO as they need to be understood. For anyone not current on world issue, this is the book to read.
History of Oil and the Drive for Technology.......2000-06-16
This book is one of the best for enlightening those of the the 1970's forwrd of the preferred interests of their mothers and fathers. Ex- President Bush is heavily documented in his actions with those of the Middle Est in his attempts at acquiring a chunk of the oil industry. It highlights South America's Venezuela and its failing oil fields. It shows the world's efforts at unity for one major purpose. It defines OPEC and ARAMCO as they need to be understood. For anyone not current on world issue, this is the book to read.
An excellent primer on petroleum.......1997-08-14
This book explains how oil affects our lives, our nation, the world's economy and political situations. Yergin's writing style is superb, and although the material is somewhat dry, he really brings events to life. This work is rare for non-fiction - it is easy reading and informative. I have just finished the book a few minutes ago, and I really feel that I have learned a great deal. My favorite section was on World War II. I have read hundreds of books on the subject, but the section in "The Prize" dedicated to the War from a petroleum standpoint is superb
Truly a classic text. Fascinating and enlightening........1996-11-27
Yergin's grasp of the broad view of the history of oil and its context in world history is amazing. Scholarly and yet as compelling as the best fiction, this book is a masterful work
Truly enlightening!.......1996-10-10
This piece of non-fiction is more exciting than FICTION novels
Product Description
A Pulitzer Prize winner about oil, money and power in the twentieth century.
Product Description
A Pulitzer Prize winner about oil, money and power in the twentieth century.
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The Story of Gasoline
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ASIN: B000B3FOBG |
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Changing Land Use Patterns in the Coastal Zone: Managing Environmental Quality in Rapidly Developing Regions (Springer Series on Environmental Management)
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