The Prize: The Epic Quest for Oil, Money, and Power
LC Class HD9560.6 .Y47 1990 | | |
Followed by | The Quest |
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The Prize: The Epic Quest for Oil, Money, and Power is
The Prize has been called the "definitive" history of the oil industry, even a "bible".[4]
Popular success
In 1992 The Prize won the
Written by one of the foremost U.S. authorities on energy, it is a major work in the field, replete with enough insight to satisfy the scholar and sufficient concern with the drama and colorful personalities in the history of oil to capture the interest of the general public. Though lengthy, the book never drags in developing its themes: the relationship of oil to the rise of modern capitalism; the intertwining relations between oil, politics, and international power; and the relationship between oil and society in what Yergin calls today's age of "Hydrocarbon Man".[5]
Sources
Ten years in the making,
Adaptations
The Prize was the basis for an eight-part, eight-hour documentary television series titled The Prize: The Epic Quest for Oil, Money, & Power, narrated by Donald Sutherland and broadcast by PBS in 1992–1993. The series is said to have been seen by 20 million people in the United States.
The book is also available as an
In 2011 Yergin's
Origin of the title
The name of the book is taken from a quote by Winston Churchill in 1912, when he was First Lord of the Admiralty, long before becoming Prime Minister of the United Kingdom. He was arguing for the conversion of British warships from coal to fuel oil, but noted the geopolitical ramifications of tying Britain's fortunes to oil.
As Yergin quotes Churchill:
To build any large additional number of oil-burning ships meant basing our naval supremacy upon oil. But oil was not found in appreciable quantities in our islands. If we required it we must carry it by sea in peace or war from distant countries. We had, on the other hand, the finest supply of the best steam coal in the world, safe in our mines under our own land. To commit the Navy irrevocably to oil was indeed to "take arms against a sea of troubles." Yet, if the difficulties and risk could be surmounted, "we should be able to raise the whole power and efficiency of the Navy to a definitely higher level; better ships, better crews, higher economies, more intense forms of war power"—in a word, "mastery itself was the prize of the venture." [Emphasis added]
References
- ^ MIT Communications Forum: "Beyond the Ivory Tower" Archived 2011-07-06 at the Wayback Machine, February 18, 1999.
- ^ Leslie H. Gelb, "The Stuff That Makes the World Go Round". The New York Times, December 9, 1990.
- ^ a b "The 1992 Pulitzer Prize Winner in General Nonfiction: The Prize, by Daniel Yergin". The Pulitzer Prizes. Retrieved 2016-09-28.
- ISBN 1-56584-885-3, p. 220
- ^ Library Journal Review: The Prize.
- ^ a b Booknotes interview with Yergin on The Prize Archived 2015-12-22 at the Wayback Machine, January 27, 1991.
- ^ The Prize, bibliography.