Gregory Zuckerman. (2013). The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters. Unabridged Ascent Audio.

Gregory Zuckerman. 2013. The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters. Ascent Audio.

Gregory Zuckerman, The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters. Ascent Audio, 2013.

Gregory Zuckerman. The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters. Unabridged Ascent Audio, 2013.

OverDrive Product Record

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The Frackers

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Everyone knew it was crazy to try to extract oil and natural gas buried in shale rock deep below the ground. Everyone, that is, except a few reckless wildcatters - who risked their careers to prove the world wrong. Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nation's already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources. Major oil companies had just about given up on new discoveries on U.S. soil, and a new energy crisis seemed likely. But a handful of men believed everything was about to change. Far from the limelight, Aubrey McClendon, Harold Hamm, Mark Papa, and other wildcatters were determined to tap massive deposits of oil and gas that Exxon, Chevron, and other giants had dismissed as a waste of time. By experimenting with hydraulic fracturing through extremely dense shale-a process now known as fracking-the wildcatters started a revolution. In just a few years, they solved America's dependence on imported energy, triggered a global environmental controversy-and made and lost astonishing fortunes. No one understands these men-their ambitions, personalities, methods, and foibles-better than the award-winning Wall Street Journal reporter Gregory Zuckerman. His exclusive access enabled him to get close to the frackers and chronicle the untold story of how they transformed the nation and the world. The result is a dramatic narrative tracking a brutal competition among headstrong drillers. It stretches from the barren fields of North Dakota and the rolling hills of northeastern Pennsylvania to cluttered pickup trucks in Texas and tense Wall Street boardrooms. Activists argue that the same methods that are creating so much new energy are also harming our water supply and threatening environmental chaos. The Frackers tells the story of the angry opposition unleashed by this revolution and explores just how dangerous fracking really is. The frackers have already transformed the economic, environmental, and geopolitical course of history. Now, like the Rockefellers and the Gettys before them, they're using their wealth and power to influence politics, education, entertainment, sports, and many other fields. Their story is one of the most important of our time.

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   • content:

     Starred review from December 2, 2013
     Too little attention has been paid to one of America's biggest economic and scientific revolution of recent decades: the tapping of abundant oil and natural gas reserves within our own borders using a technique called fracking. Wall Street Journal reporter Zuckerman (The Greatest Trade) sets out to change that with his unique talent of translating complex aspects of finances and geology into prose that reads like a blockbuster thriller. Focusing on a half dozen "wildcatters," the ones who seek out potential drilling sites, Zuckerman takes us through their decades long drought while they refined the techniques of horizontal hydraulic drilling that eventually would turn our country from energy dependent to political independence, and make a few billionaires along the way. Such success comes with some hard-learned morals as most of these men end up losing the very companies they founded. These present day wildcatters are addicted to oil, and eventually cause such an abundance of natural gas that one speculator actually goes so far as to raise billions in an attempt to export it. Environmental impact is given little attention, a worrisome absence that can only be explained by the fact that Zuckerman's focus is on the men who truly care little about it. Fortunately, Zuckerman tackles some of the popular misconceptions about the environmental threats from fracking in the afterward, while at the same time he urges some much needed caution and stricter regulations on an industry that initially set out to save us and should not, in the end, destroy us.

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shortDescription

Everyone knew it was crazy to try to extract oil and natural gas buried in shale rock deep below the ground. Everyone, that is, except a few reckless wildcatters - who risked their careers to prove the world wrong. Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nation's already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources. Major oil companies had just about given up on new discoveries on U.S. soil, and a new energy crisis seemed likely. But a handful of men believed everything was about to change. Far from the limelight, Aubrey McClendon, Harold Hamm, Mark Papa, and other wildcatters were determined to tap massive deposits of oil and gas that Exxon, Chevron, and other giants had dismissed as a waste of time. By experimenting with hydraulic fracturing through extremely dense shale-a process now known as fracking-the wildcatters...

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2. • code: BUS070040
   • description: Business & Economics / Industries / Energy
3. • code: BUS070150
   • description: Business & Economics / Industries / Natural Resource Extraction