Thursday, October 29, 2009

Yergin to Update "The Prize"

Daniel Yergin, acclaimed author of The Prize: The Epic Quest for Oil, Money & Power and chairman of IHS Cambridge Energy Research Associates, is in the process of revising his landmark history of oil. He also recently published an interesting article in Foreign Policy magazine about the state of oil in the world. I took the article as a preview of the changes he is weaving into The Prize, showing how dramatically the world and the oil industry have changed since the book was published originally in 1991.

I also noted the interview below with Dr. Yergin from the web site. It covers many of the same points in the article.

Take a look at the article. It's a good read and is not as long as you might think. While my primary focus here at is natural gas, there is no avoiding oil, which has been the biggest player on the world energy scene for more the past century. Just as Keith Jackson used to say every January about the Rose Bowl, it's "the grandaddy of them all," and this article helps put the larger context of oil into perspective.

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