Saudi America: The Truth About Fracking and How It's Changing the World Audiobook | BooksCougar

Saudi America: The Truth About Fracking and How It’s Changing the World Audiobook

Saudi America: The Truth About Fracking and How It’s Changing the World Audiobook

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Bestselling author Bethany McLean unveils the true tale of fracking’s impact — on Wall structure Street, the economy and geopolitics.

The technology of fracking in shale rock — particularly in the Permian Basin in Texas — has transformed America in to the world’s top producer of both oil and gas. The U.S. is normally expected to end up being ‘energy impartial’ and a ‘net exporter’ in less than a decade, a move that may upend global politics, destabilize Saudi Arabia, crush Russia’s chokehold over Europe, about Saudi America: The Truth About Fracking and exactly how It’s Changing the World and finally bolster American power once again.

Or Does it?

Investigative journalist and bestselling author Bethany McLean digs deep in to the cycles of boom and bust which has plagued the American oil industry for days gone by decade, from the monetary wizardry and secret death of fracking pioneer Aubrey McClendon, to the speculators who are betting about America’s ascendance as well as the collapse of OPEC in the fantastic game of geopolitics. McLean finds that fracking can be a business constructed on getting ever-more gigantic amounts of capital expense, while claims of huge returns have often not really borne out. Overeagerness in partaking in a boom can result in all types of problems and just as she did using the Enron story, in Saudi America McLean points out the reality as well as the risks of the inflated promises of the fracking boom.

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