![]() ![]() The Prize is a vast panorama of world history since the 1860s, held together by focus on a commodity that everyone needs and wants to control. He analyzes competition and conflict in the Middle East at length. ![]() Yergin carefully details how access to oil largely determined the outcome of two world wars, before turning attention to regions of marginal international importance that took center stage during the Cold War. The early chapters show the establishment of the great oil companies and the adaptation of governments and societies to booms and busts, benefits and threats. ![]() ![]() The book describes the way the relentless advance of technology brought out the best and worst in human nature. Few areas of the earth are excluded from treatment in this vast saga, but even these (Antarctica and Greenland, for instance) are surely touched by oil's effects. This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations. The Prize tells the story of how a natural resource, known worldwide from antiquity to possess useful properties, came to dominate the world's economy and steer its political fate as technology made possible the transformation of crude oil into commercial products. Published 1 December 1990 History 'The Prize' recounts the panoramic history of oil - and the struggle for wealth and power that has always surrounded oil. ![]()
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