Williamsburg Regional Library

The prize, the epic quest for oil, money & power, Daniel Yergin

eng

Includes bibliographical references and index

illustrationsmapsplates

index present

non fiction

The prize

bibliography

255903487

Daniel Yergin

the epic quest for oil, money & power

Now with a new epilogue that speaks directly to the current energy crisis, "The Prize" recounts the panoramic history of the world's most important resource: oil. Daniel Yergin's timeless book chronicles the struggle for wealth and power that has surrounded oil for decades and that continues to fuel global rivalries, shake the world economy, and transform the destiny of men and nations. This updated edition categorically proves the unwavering significance of oil throughout the twentieth century and into the twenty-first by tracing economic and political clashes over precious "black gold." With his far-reaching insight and in-depth research, Yergin is uniquely positioned to address the present battle over energy, which undoubtedly ranks as one of the most vital issues of our time. The canvas of his narrative history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait, Operation Desert Storm, and now both the Iraq War and climate change. The definitive work on the subject of oil, "The Prize" is a book of extraordinary breadth, riveting excitement, and great value -- crucial to our understanding of world politics and the economy today -- and tomorrow. -- Back cover

Part I: Founders. Oil on the brain : the beginning ; "Our plan" : John D. Rockefeller and the Combination of American Oil ; Competitive commerce ; The new century ; The dragon slain ; The oil wars : the rise of Royal Dutch, the fall of Imperial Russia ; "Beer and skittles" in Persia ; The fateful plunge -- Part II: The global struggle. The blood of victory : World War I ; Opening the door on the Middle East : The Turkish Petroleum Company ; From shortage to surplus : the age of gasoline ; "The fight for new production" ; The flood ; "Friends" -- and enemies ; The Arabian concessions : the world that Frank Holmes made -- Part III: War and strategy. Japan's road to war ; Germany's formula for war ; Japan's Achilles' heel ; The Allies' war -- Part IV: Hydrocarbon age. The new center of gravity ; The postwar petroleum order ; Fifty-fifty : The new deal in oil ; "Old Mossy" and the struggle for Iran ; The Suez Crisis ; The elephants ; OPEC and the surge pot ; Hydrocarbon man -- Part V: Battle for world mastery. The hinge years : countries versus companies ; The oil weapon ; "Bidding for our life" -- OPEC's imperium ; The adjustment ; The second shock : the great panic ; "We're going down" ; Just another commodity? ; The good sweating : how low can it go? ; Crisis in the Gulf -- Epilogue: The new age of oil -- Chronology -- Oil prices and production

adult