Daniel Yergin – Oil Explains the Entire 20th Century
Dwarkesh Podcast
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Churchill the prize of the venture
Churchill recognized the need to modernize naval operations by converting ships from coal to oil, enhancing speed and efficiency while reducing crew requirements. This strategic shift faced opposition due to reliance on foreign oil from Persia instead of domestic Welsh coal. Churchill highlighted the long-term benefits of innovation, indicating that embracing change was vital for military advancement. Furthermore, during World War I, he supported the development of the tank, showcasing his commitment to technological progress in warfare. His vision laid the groundwork for significant advancements in naval and military capabilities.
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