30+ The Prize The Epic Quest For Oil Money And Power Background. The industry's colorful characters and oil's key role in 20th century history are brought to life by participants and historians. The prize in the grand tradition of epic storytelling, the prize tells the panoramic history of oil—and the struggle for wealth and power that has always surrounded oil.
In times of oil crises, yergin argues, the markets eventually adjust and allocate. early development of the system of oil pricing was a step toward forming the present day futures.
The prize is as much a history of the twentieth century as of the oil industry itself. The industry's colorful characters and oil's key role in 20th century history are brought to life by participants and historians. The battle for world mastery chapter 28: Of the discovery of north sea oil and its crucial role in undermining the opec monopoly.
