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Saudi America

The Truth About Fracking and How It's Changing the World
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Saudi America by Bethany McLean explores the transformative impact of fracking technology on the US energy landscape and global geopolitics. Through investigative journalism, McLean reveals the highs and lows of America’s shale revolution, highlighting the economic boom, financial risks, and political shifts triggered by increased oil and gas production. The book delves into the complexities behind the US pursuit of energy independence and questions the sustainability of the shale industry's promises.
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Format: Paperback / softback
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This book is ideal for readers interested in politics, economics, and current affairs, especially those keen to understand the intersection of energy, finance, and global power dynamics. It suits those who appreciate investigative journalism and in-depth analysis of contemporary issues.

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Bestselling author Bethany McLean reveals the true story of fracking's impact -- on Wall Street, the economy and geopolitics.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

"A sharp portrait of the US shale revolution." — Financial Times

Bestselling author Bethany McLean reveals 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, destabilise 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.

Book Details

INFORMATION

ISBN: 9780999745441

Publisher: Columbia Global Reports

Format: Paperback / softback

Date Published: 25 October 2018

Country: United States

Imprint: Columbia Global Reports

Illustration: No

Audience: General / adult

DIMENSIONS

Width: 127.0mm

Height: 190.0mm

Weight: 250g

Pages: 138

About the Author

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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