Magazine article New Internationalist

The Frackers

Magazine article New Internationalist

The Frackers

Article excerpt

The Frackers

by Gregory Zuckerman (Penguin, ISBN 13 978 1591846451)

As recently as 2006 A merican oil production was said to be in a permanent state of crisis. Fast-forward just seven years: the United States now produces 7.5 million barrels of crude oil per day. This has been made possible by a new drilling technique.

It entails pummelling rocks in the ground with various liquids to free the gas trapped inside: the method is most commonly known as 'fracking'.

How the US energy industry went from bust to boom in just a few short years is the subject of Gregory Zuckerman's latest book, The Frackers.

In a never-ending age of austerity and industrial decline in the West, Zuckerman's optimistic tale about the shale revolution is, in parts, an inspiring read. The persistence and entrepreneurial spirit of maverick 'wildcatters' - who spent nearly two decades perusing untapped energy deposits in pursuit of wealth - is an interesting study in how resilience pays off to make a business grow. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.