The Prize

NewMexiKen has finished Daniel Yergin’s Pulitzer prize-winning history of the oil industry, The Prize: The Epic Quest for Oil, Money & Power.

I recommend it.

The Prize (1992) is a lengthy (788 pages), detailed account of oil from the discovery in Pennsylvania in 1859 through the first Gulf War in 1991. It is a history of corporate, national and international politics and machinations — the Standard Oil Trust, and its dissolution, international concessions and agreements, the discovery of “elephants” (big oil fields), the role of oil in the cause and fighting of World War II, the rise of the oil-producing nations and OPEC.

One thought on “The Prize”

  1. Hi ! I’d like to know more about the Prize, do you think you can give me more information in comparing the discovery, development, economics and politics about the iranian and saudi arabian oil fields ?

    Looking forward to hearing back from you

    EMA

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