A01=Ms. Bethany McLean
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Aubrey McClendon
Author_Ms. Bethany McLean
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capital investment
Category1=Non-Fiction
Category=JPSL
Category=KNB
Category=KNBP
Chesapeake
COP=United States
Delivery_Delivery within 10-20 working days
energy independence
Enron
EOG
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
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eq_society-politics
Exxon Mobil
Federal Reserve
fracking
investors
Language_English
low interest rates
natural gas
oil industry
PA=Available
Permian Basin
politics of oil
potential economic collapse
Price_€10 to €20
PS=Active
shale
softlaunch
Wall Street
Product details
- ISBN 9780999745441
- Dimensions: 127 x 190mm
- Publication Date: 25 Oct 2018
- Publisher: Columbia Global Reports
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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The true story of fracking’s impact—on Wall Street, the economy and geopolitics
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.
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.
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.
