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The History of the Modern Global Oil Trade

Daniel Yergi is president of Cambridge Energy Research Associates, an international energy consulting firm. He is one of the leading authorities on the oil business, and has a new book called, "The Prize: The Epic Quest for Oil, Money, and Power," which details how European interventions in the Middle East in the wake of World War I shaped the modern petroleum trade.

18:32

Other segments from the episode on December 7, 1990

Fresh Air with Terry Gross, December 7, 1990: Interview with Andrew Whitley and George Rowen; Interview with Daniel Yergin; Interview with Marie Burke.

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