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The Quest: Energy, Security, and the Remaking of the Modern World Paperback – September 26, 2012

4.3 out of 5 stars 192 customer reviews

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Product Details

  • Paperback: 832 pages
  • Publisher: Penguin Books; Upd Rev Re edition (September 26, 2012)
  • Language: English
  • ISBN-10: 0143121944
  • ISBN-13: 978-0143121947
  • Product Dimensions: 5.9 x 1.9 x 8.4 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (192 customer reviews)
  • Amazon Best Sellers Rank: #49,363 in Books (See Top 100 in Books)

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Top Customer Reviews

Format: Hardcover
Writing massive 700 page historical epics is never an easy task. It requires deep research, broad vision, and great intellectual fortitude. Daniel Yergin demonstrated all of these in his first book, the classic Pulitzer Prize winner, The Prize. Although The Quest is an informative book in its own right, I came away disappointed with some aspects of it. The publishers billed The Quest as the sequel to The Prize. In the first part of the book, Yergin does try to pick up with the grand historical narrative that he left off twenty years ago. This is probably the most successful part of the book. But after devoting roughly 200 pages to this effort, The Quest turns into a series of long vignettes covering topics that Yergin, despite his formidable expertise, never manages to quite tie together.

The five subsequent parts cover: energy security and the future of oil supply, the development and evolution of electric power, the study of climate change and its relationship to energy, the emergence of new energies and renewables, and transportation and the automobile. To say these parts of the book are informative would be an understatement. Yergin has a unique expertise on this topic that few other scholars can match. But in The Quest Yergin can't seem to muster the vision and artistry to unite his coverage of these issues into a more meaningful whole.

Politically, The Quest is a very cautious book. At times, Yergin verges on becoming a lackey for the big oil companies with which he has likely developed ties as the director of a respected energy consulting firm. He tends to be far more critical of those who have challenged big oil than he is of BP, Exxon and the other corporate goliaths that dominate the industry.
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Format: Hardcover Verified Purchase
We all live fast paced and complex lives. If you are a reader then the key choice you must master is what to read. There is simply too much out there, and you cannot absorb it all. Every now and then a book comes along which is the equivalent of a precious diamond. It is so full of information, presented in such an interesting way that you can't bring yourself to put it down. You couple this characteristic with an author who is a major thinker and what you have when you put it all together is a 1 in a 100 type book. This is a book that changes everything we know about energy.

This is Daniel Yergin

Daniel Yergin is such an author, and this is such a book. It has now been two decades since the he turned the world upside down with his Pulitzer Prize winning "The Prize - The Epic Quest for Oil". To have read it is to understand the world. Its monumental impact affected our economy and Wall Street. In the last few years it became apparent that The Prize needed a badly needed update, not just a chapter added. Instead of completely revamping The Prize, Yergin did one better, he chose to write on the world of energy in general and then incorporate revisions from his previous writings which were necessary. This brings us to "The Quest: Energy, Security, and the Remaking of the Modern World".

We live in world that currently creates $65 trillion per year in gross production of goods and services. Our country does close to $15 trillion of this production, while Europe as a whole does slightly more. Within 20 years the world is expected to produce $130 trillion, that's a doubling in just 2 decades. Now here's the problem as laid out in the book. Yergin clearly spells out that in the developed world today we use about 14 barrels of oil per person per year.
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Format: Hardcover
The Quest" is an 804-page up-to-date sequel to energy-consultant Yergin's earlier best-selling, Pulitzer winning "The Prize." Topics covered include the Soviet Union's breakup, Japan's recent earthquake and tsunami, major mergers in the oil industry, Iraq War II, China's growth in energy demand, peak oil, a nuclear Iran, the 'Dutch disease, and how energy production and distribution is vulnerable to cyber warfare. Yergin also criticizes California's deregulation of electricity that created shortages, and Marion Hubbert for his 'peak-oil' theorizing.

A side benefit of "The Quest" is that it also provides important insights on related issues. For example, readers learn that the Arab oil embargo and 1973 October War helped sustain the Soviet Union via their associated quadrupling of oil prices - Russia's main source of hard currency. (Prior to the 1991 breakup of the Soviet Union, it was the world's #1 oil producer; it now has returned to that position.) At the time of the breakup they were having difficulty even feeding children in major cities - thus, the popular story that it was Reagan's defense buildup that broke their economic back (denied by Gorbachev) probably isn't true. Regardless, such heavy reliance on natural resources probably also 'infected' the Soviets then (Russia today) with the so-called 'Dutch disease' in which other economic areas remain weak and undeveloped. Yergin also illustrates how the Dutch disease infected Nigeria and Venezuela as well. Conversely, China had no such richness of natural resources, and that probably helped push it towards the broad range of competencies it has achieved. One also learns important details of how the Russian oligarchs came about, and the subsequent feuding of some with Putin that led to their downfall.
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