The best overview available of the history and consequences of fracking. An energy reporter at the Wall Street Journal who has been on the beat since 2002, Gold has seen the whole story from the beginning. His knowledge of many of the central people and places in the shale revolution from before they hit the headlines gives the book a greater depth than any other account yet published. — Read the complete FT review
Russell Gold, a brilliant and dogged investigative reporter at The Wall Street Journal, has spent more than a decade reporting on one of the biggest stories of our time: the spectacular, world-changing rise of “fracking.” Recognized as a finalist for the Pulitzer Prize and a recipient of the Gerald Loeb Award for his work, Gold has traveled along the pipelines and into the hubs of this country’s energy infrastructure; he has visited frack sites from Texas to North Dakota; and he has conducted thousands of interviews with engineers and wildcatters, CEOs and roughnecks, environmentalists and politicians. He has also sifted through reams of engineering reports, lawsuit transcripts, and financial filings. The result is an essential book - a commanding piece of journalism, an astounding study of human ingenuity, and an epic work of storytelling.
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?