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Saudi America: The Truth about Fracking and How It's Changing the World
Contributor(s): McLean, Bethany (Author)

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ISBN: 0999745441     ISBN-13: 9780999745441
Publisher: Columbia Global Reports
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Binding Type: Paperback - See All Available Formats & Editions
Published: September 2018
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Industries - Energy
- Technology & Engineering | Petroleum
- Technology & Engineering | Civil - Soil & Rock
Dewey: 338.272
LCCN: 2018949784
Physical Information: 0.5" H x 4.9" W x 7.4" L (0.35 lbs) 138 pages
Features: Bibliography, Maps, Price on Product
Review Citations: Kirkus Reviews 08/01/2018
 
Descriptions, Reviews, Etc.
Publisher Description:
Bestselling author Bethany McLean reveals the true story of fracking's impact--on Wall Street, the economy and geopolitics.

A sharp portrait of the US shale revolution. --Financial Times

The technology of fracking in shale rock--particularly in the Permian Basin in Texas-- has transformed America into the world's top producer of both oil and natural gas. The U.S. is expected to be energy independent and a net exporter in less than a decade, a move that will upend global politics, destabilize Saudi Arabia, crush Russia's chokehold over Europe, and finally bolster American power again.

Or will it?

Investigative journalist Bethany McLean digs deep into the cycles of boom and bust that have plagued the American oil industry for the past decade, from the financial wizardry and mysterious death of fracking pioneer Aubrey McClendon, to the investors who are questioning the very economics of shale itself. McLean finds that fracking is a business built on attracting ever-more gigantic amounts of capital investment, while promises of huge returns have yet to bear out. Saudi America tells a remarkable story that will persuade you to think about the power of oil in a new way.


Contributor Bio(s): McLean, Bethany: - Bethany McLean is the co-author of the bestseller The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron with Peter Elkind. Her second book, which she co-authored with Joe Nocera, is All the Devils are Here: The Hidden History of the Financial Crisis. Her most recent book is Shaky Ground: The Strange Saga of the U.S. Mortgage Giants. She is a contributing editor at Vanity Fair and lives in Chicago.
 
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