1898年，银矿工丹尼尔·普莱恩惟尤（丹尼尔·戴·刘易斯 Daniel Day Lewis 饰）因井下作业事故摔断了腿，但他因祸得福了解到秘密的石油信息。他利用领养的孤儿HW（狄龙·弗雷泽尔 Dillon Freasier 饰）欺骗乡民赢得了石油地盘，从此飞黄腾达。但是， 成为 石油大亨的他并不快乐，在一次意外事故中H.W不幸失聪， HW对他的怨恨与日俱增，他唯一认亲的兄弟居然也是冒牌货。传教士伊莱·桑迪不过是个借宗教蛊惑人心的小人。在一次采矿事故中，丹尼尔的工人不幸丧生。正当他希望伊莱（保罗·达诺 Paul Dano 饰）施以援手时，对方羞辱了他，两人从此开始明争暗斗……The intersecting life stories of Daniel Plainview and Eli Sunday in early twentieth century California presents miner-turned-oilman Daniel Plainview, a driven man who will do whatever it takes to achieve his goals. He works hard but also takes advantage of those around him at their expense if need be. His business partner/son (H.W.) is, in reality, an "acquired" child whose true biological single-parent father (working on one of Daniel's rigs) died in a workplace accident. Daniel is deeply protective of H.W. if only for what H.W. brings to the partnership. Eli Sunday is one in a pair of twins whose family farm Daniel purchases for the major oil deposit located on it. Eli, a local preacher and a self-proclaimed faith healer, wants the money from the sale of the property to finance his own church. The lives of the two competitive men often clash as Daniel pumps oil off the property and tries to acquire all the surrounding land at bargain prices to be able to build a pipeline to the coast, and as Eli tries to build his own religious empire.
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