Saudi America: The Truth About Fracking and How It's Changing the World Audiobook (Free) | AudioBooksLoft

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

Summary:

Bestselling author Bethany McLean discloses the true tale of fracking’s impact — about 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 definitely expected to become ‘energy independent’ and a ‘net exporter’ in under a decade, a move which will upend global politics, destabilize Saudi Arabia, crush Russia’s chokehold more than Europe, about Saudi America: THE REALITY About Fracking and How It’s Changing the Globe and lastly bolster American power again.

Or Will it?

Investigative journalist and bestselling author Bethany McLean digs deep into the cycles of boom and bust that has plagued the American oil industry for the past decade, from your economic wizardry and secret death of fracking pioneer Aubrey McClendon, to the speculators who are betting in America’s ascendance and the collapse of OPEC in the fantastic game of geopolitics. McLean finds that fracking is a business built on attracting ever-more gigantic amounts of capital expenditure, while guarantees of huge earnings have often not really borne out. Overeagerness in partaking inside a boom can lead to all types of problems and as she did with the Enron story, in Saudi America McLean points out the reality and the risks from the inflated claims from the fracking boom.