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Winner of the Pulitzer Prize and hailed as “the best history of oil ever written” by Business Week, Daniel Yergin’s “spellbinding…irresistible” (The New York Times) account of the global pursuit of oil, money, and power addresses the ongoing energy crisis.
Now with an 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 both the Iraq War and current 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.
Yergin ( Shattered Peace ), a much-quoted energy consultant, here offers a timely, information-packed, authoritative history of the petroleum industry, tracing its ramifications, national and geopolitical, to the present day. Oil, ``the world's biggest and most pervasive business,'' he shows, has played a central role in most of the major wars and many of the critical international situations of the 20th century, has changed the lives of virtually everyone on the planet and is currently at the heart of the first post-Cold War crisis of the 1990s. Yergin describes how, after an oil glut replaced the panic at the pump of the early 1980s, ``Hydrocarbon Man'' once again took petroleum for granted--only to be shattered by Iraq's invasion of Kuwait this past August. Whatever the evolution of the international order, oil will remain the ultimate strategic prize, predicts the author in a book that will be widely discussed. He points out, however, that the environmental movement is gaining significant strength as more and more citizens of the world express a willingness to trade off energy production for environmental protection. Photos. Major ad/promo.