How Fracking Ignited the American Energy Revolution and Changed the World
Fracking has vociferous critics and fervent defenders, but the debate between these camps has obscured the actual story: Fracking has become a fixture of the American landscape and the global economy. It has upended the business models of energy companies around the globe, and it has started to change geopolitics and global energy markets in profound ways. Gold tells the story of this once-obscure oilfield technology—a story with an incredible cast of tycoons and geologists, dreamers and drillers, speculators and skeptics, a story that answers a critical question of our time: Where will the energy come from to power our world—and what price will we have to pay for it?
To Frack or Not To Frack: Russell Gold
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JUST ADD WATER
A few years ago, my parents faced an unexpected choice.
Chesapeake Energy called them with an offer. The company wanted to drill for natural gas underneath 102 acres of land they owned with some friends in north central Pennsylvania. Would they be interested in signing a lease? The offer was $400,000 up front, plus royalties on any gas unearthed from the ground. It was an astounding amount of money for terrain... see more