Pioneering firms deploying innovative technologies such as horizontal drilling and hydraulic fracturing (fracking) have led an American energy renaissance. Yet the boom has not occurred without a massive surge in capital raising and debt. Financial journalist Bethany McLean addresses the US energy transformation and previews what the next decade may hold. getAbstract recommends her thought-provoking examination of a potentially unstable US energy industry to investors, executives and energy consumers.
In this summary, you will learn
- Why the US oil and gas market has flourished,
- How energy companies have created a potential financial bubble, and
- What the future might look like for American oil and gas producers.
About the Author
Bethany McLean is the author of Saudi America: The Truth About Fracking and How It’s Changing the World and the co-author of The Smartest Guys in the Room.