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Loading... The Prize : The Epic Quest for Oil, Money & Powerby Daniel Yergin
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will love Sign up for LibraryThing to find out whether you'll like this book. I really enjoyed this book. I'm young enough that most of the history presented was new and quite enlightening, especially in terms of our modern day Iraq War. It's a dense read in that I kept wanting to go off and read other books as tangents in order to fully understand what was being presented, but, alas, there's only so much time in the day and way too much good stuff out there to read. I end up with that "I'm just scratching the surface" feeling. I have all this new insight, but man, it would be nice to read other related books in order to feel more balanced and confident with the material. Interesting history of the oil business and of oil supply and demand. 2693 The Prize: The Epic Quest for Oil, Money, and Power, by Daniel Yergin (read 8 Jan 1995) (Pulitzer Nonfiction prize in 1992) This a 1989 book and a wondrous one. It tells the story of oil from its discovery in 1859 in Pennsylvania through 1989. The story is a superbly interesting one, high in drama. I was especially struck by the account of October, 1973, a time of high excitement almost on a par with the Cuban Missile Crisis of October 1962. Yergin is an energy consultant, and was a lecturer at Harvard as well as a Marshall Scholar at Cambridge. The blurb on this book says: "After seven years of painstaking research and with unparalleled access to the sources, Daniel Yergin has written the definitive work on the subject of oil." For once, a blurb seems right. This was a great, great book to read. Its all about oil! Very well documented and written book on the history of oil usage and profiteers around the world and especially in America. no reviews | add a review
Amazon.com (ISBN 0671799320, Paperback)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.(retrieved from Amazon Fri, 24 Apr 2009 07:58:22 -0400) The first test round has been closed. Visit the Open Shelves Classification group for details. |
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There are several problems with the book however. The first and most glaring is Yergin's proselytizing mission for neoliberalism. Everything neoliberal is good and everything else is denounced as bad. Neoliberal theories are applied as law throughout the book.
There is a gap in coverage of Soviet enterprises throughout the cold war. The typical work around for Yergin is to ignore that sector of the world with a description of what was going on in the "free world" instead.
Finally, the book also misses the importance of King Hubbert's work on peak oil. Given that oil was already well understood and resources well characterized at the time of publication, this is an oversight.
Still, despite the drawbacks, this is an important and recommended work. (