Amazon and other reviewers have provided extended summaries of the storyline, so I'd just like to add my opinion that as as second disc of 'Extras', that inclusion is very disappointing and consists mostly of re-reun extracts from the film in association with historical resource material. The best element is probably the 'silent' movie made by the American Ministry of the Interior over 60 years ago to explain the story of petroleum. If you hope to see anything about how the film was actually made - there's absolutely nothing.
As everyone seems to agree, Daniel Day Lewis's performance is superb - there aren't really any adjectives strong enough to describe it. The final, brutally violent scene in the bowling alley - although weirdly unreal - is a triumph of acting. The final shot and line of dialogue, however, is oddly dissatisfying, but its very ambiguity does leave you considering its true meaning.
As for ambiguity - the title of the film is extremely clever and can be interpretted in very many ways ---- the blood of Christ and baptism - the blood of family ties - the blood of violence - the life-blood of oil in society etc.
The one thing that is very important to understand is that 'There will be blood' is essentially an extended character study and although there are highspots of activity and violence, these are infrequent and short. The film is the story of one man and the consequences of his over-arching self-belief in the face of a world and other people who don't agree with his methods, ethics and ambitions. In this respect, Daniel Plainview has certain similarities with that of Charles Foster Kane and the film as a whole is often reminiscent of the darkest work by the Coen Brothers.
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