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Dwarkesh Podcast

Daniel Yergin – Oil Explains the Entire 20th Century

Sep 18, 2024
Daniel Yergin, a Pulitzer Prize-winning author known for his works on energy and geopolitics, dives deep into how oil shaped the 20th century. He explains the critical links between oil and major historical events like WWI and WWII, offering insights into the Middle East's complexities. Yergin shares anecdotes from his conversations with leaders like Putin and Modi, illustrating how oil influences their strategies. He also discusses the shift toward renewable energy, revealing the geopolitical challenges and opportunities emerging from this transition.
01:27:37

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Understanding the history of oil is essential to grasp America’s rise and major 20th-century global events, as emphasized by Yergin.
  • Key figures like John D. Rockefeller and George Mitchell illustrate how boldness and perseverance drive transformational outcomes in the oil industry.

Deep dives

The Compelling Journey of Writing 'The Prize'

The author discusses the long process of writing 'The Prize', emphasizing that the initial two-year estimate extended to seven due to the rich history interwoven with the narrative of oil. This vast exploration revealed unexpected connections between oil and significant global events throughout the 20th century. The writing process was organic, with discoveries leading to deeper insights and broader implications regarding oil's role in shaping history. Ultimately, the author conveys that the process was not just about oil, but about weaving together a larger story that reflects the complexities of the era.

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