Download and read online The Frackers in PDF and EPUB “A lively, exciting, and definitely thought-provoking book.” —Booklist Things looked grim for American energy in 2006, but a handful of wildcatters were determined to tap massive deposits of oil and gas that giants like Exxon and Chevron had ignored. They risked everything on a new process called fracking. Within a few years, they solved America’s dependence on imported energy, triggered a global environmental controversy, and made and lost astonishing fortunes. No one understands the frackers—their ambitions, personalities, and foibles—better than Wall Street Journal reporter Gregory Zuckerman. His exclusive access drives this dramatic narrative, which stretches from North Dakota to Texas to Wall Street.
Download and read online The Frackers in PDF and EPUB The Frackers by Gregory Zuckerman, bestselling author of The Greatest Trade Ever, tells the untold story of the tycoons behind the US fracking controversy. Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nation's already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources. Major oil companies had just about given up on new discoveries on US soil, and a new energy crisis loomed. But a handful of men believed everything was about to change. By experimenting with hydraulic fracturing through extremely dense shale - a process now known as fracking - these 'wildcatters' started a revolution. In just a few years, they solved America's dependence on imported energy, triggered a global environmental controversy - and made and lost astonishing fortunes. The frackers have already transformed the eco¬nomic, environmental, and geopolitical course of history, and like the Rockefellers and the Gettys before them, they're using their wealth and power to influence politics, education, entertainment, sports, and many other fields. Activists argue that the same methods that are creating so much new energy are also harming our water supply and threatening environmental chaos. Award-winning reporter Gregory Zuckerman gained exclusive access to the frackers, chronicling the untold story of how they transformed the nation and the world. The result is a dramatic narrative that stretches from the barren fields of North Dakota to the tense Wall Street boardrooms. The Frackers also tells the story of the angry opposition unleashed by this revolution, and explores just how dangerous fracking really is. Gregory Zuckerman is a special writer at The Wall Street Journal and the bestselling author of The Greatest Trade Ever. He is a two-time winner of the Gerald Loeb Award and a winner of the New York Press Club Journalism Award.
Download and read online The Frackers in PDF and EPUB The riveting, untold story of the men who are transforming global energy. In five years, the United States has seen a historic burst of oil and natural gas production, easing our insatiable hunger for energy. A new drilling process called fracking has made us the world's fastest growing energy power, on track to pass Saudi Arabia by 2020. But despite headlines and controversy, no previous book has shown how the revolution really happened. The Frackers tells the dramatic tale of how a group of ambitious and headstrong wildcatters ignored the ridicule of experts and derision of colleagues to pursue massive, long-overlooked deposits. Against all odds, they changed the world-and made astonishing fortunes in the process. Zuckerman's exclusive access enabled him to get close to men like George Mitchell, who developed a new way to drill for gas in shale rock; Harold Hamm, who discovered so much oil he's now worth more than the estate of Steve Jobs; and Aubrey McClendon, who lost more than $2 billion on a misguided gambit. Zuckerman shows how the frackers are now using their wealth to shake up Hollywood, education, politics, sports, and other fields, much like the Rockefellers and Gettys before them. He also explores the debate over the environmental risks of fracking, and whether those risks are worth it for the United States to achieve energy independence and for the rest of the world to follow.
Download and read online Rising Above in PDF and EPUB Discover the inspirational real-life stories of superstar athletes like LeBron James, Stephen Curry, Tim Howard, and more! Team USA goalkeeper Tim Howard was diagnosed with Tourette Syndrome in 6th grade. He went on to become a national treasure after single-handedly keeping America competitive in the 2014 World Cup. Stephen Curry was told he was too small, too weak, and too slow to even receive a scholarship to play college basketball. He outworked everyone and went on to become MVP of the National Basketball Association. Jim Abbott was born without his right hand, yet he refused to be defined by what he lacked. He went on to pitch a no-hitter in the Major Leagues. Athlete after athlete in this book found discipline, hope, and inspiration on the playing field, rising above their circumstances. Filled with first-hand accounts from stars who exemplify the idea of enduring at all costs, Rising Above will serve as a must-read source of inspiration for kids and sports fans of all ages. Praise for Rising Above A Scholastic Teacher magazine Summer Reading List selection A Milwaukee Journal Sentinel Summer Reading List selection "An easy pitch for middle school sports lovers."--School Library Journal “This collection of mini-bios about athletes who overcame major obstacles packs a powerful message—perseverance and passion pay off. Even non-sports fans will cheer for superstars like LeBron James and Stephen Curry.”--Scholastic Teacher "So many of the obstacles that these athletes share are retold using personal interviews and primary source material that young readers will find very relatable. Though the people chronicled are all athletes, their stories have morals that are easily transferred to life off the court or the field. The highly relevant message is that no situation is too dire or insurmountable with the right attitude and that young people shouldn't allow setbacks to define them."--Booklist "[O]ften inspiring . . . The underdog stories reveal that dedication and perseverance pay off, as well as that sports can serve as needed outlets and refuges."--Publishers Weekly From the Hardcover edition.
Download and read online The Boom in PDF and EPUB Presents an unstinting exploration of controversial fracking technologies to consider the arguments of its supporters and detractors, profiling key contributors while explaining how the practice is changing the way energy is used.
Download and read online Spills and Spin in PDF and EPUB In April 2010, the world watched in alarm as BP's Macondo well suffered a fatal explosion and a catastrophic leak. Over the next three months, amid tense scenes of corporate and political finger-pointing, millions of barrels of crude oil dispersed across the Gulf of Mexico in what became one of the worst oil spills in history. But there is more to BP's story than this. Tom Bergin, an oil broker turned Reuters reporter, watched the 'two-pipeline company' of the early 1980s grow into a dynamic oil giant and PR machine by the turn of the twenty-first century. His unique access to key figures before, during and after the spill - including former CEO Tony Hayward - has enabled him to piece together this compelling account of a corporation in crisis, and to examine how crucial decisions made during BP's remarkable turnaround paved the way for its darkest hour.
Download and read online The Big Rich in PDF and EPUB "What's not to enjoy about a book full of monstrous egos, unimaginable sums of money, and the punishment of greed and shortsightedness?" --The Economist Phenomenal reviews and sales greeted the hardcover publication of The Big Rich, New York Times bestselling author Bryan Burrough's spellbinding chronicle of Texas oil. Weaving together the multigenerational sagas of the industry's four wealthiest families, Burrough brings to life the men known in their day as the Big Four: Roy Cullen, H. L. Hunt, Clint Murchison, and Sid Richardson, all swaggering Texas oil tycoons who owned sprawling ranches and mingled with presidents and Hollywood stars. Seamlessly charting their collective rise and fall, The Big Rich is a hugely entertaining account that only a writer with Burrough's abilities-and Texas upbringing-could have written.
Download and read online Commodity Investing in PDF and EPUB Straightforward and accessible, Commodity Investing balances academic-quality analysis with clear, compelling prose, and provides those interested in this fast-growing field with unparalleled investment insights. Page by page, you’ll acquire a deeper understanding of this discipline and discover how to make more informed decisions when investing in such a dynamic environment. With this book as your guide, you’ll benefit from the lessons of experienced practitioners and quickly come to grips with what it takes to make it in today’s commodity market.
Download and read online The Quest in PDF and EPUB This long-awaited successor to Daniel Yergin’s Pulitzer Prize-winning The Prize provides an essential, overarching narrative of global energy, the principal engine of geopolitical and economic change A master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize. In The Quest, Yergin shows us how energy is an engine of global political and economic change and conflict, in a story that spans the energies on which our civilization has been built and the new energies that are competing to replace them. The Quest tells the inside stories, tackles the tough questions, and reveals surprising insights about coal, electricity, and natural gas. He explains how climate change became a great issue and leads readers through the rebirth of renewable energies, energy independence, and the return of the electric car. Epic in scope and never more timely, The Quest vividly reveals the decisions, technologies, and individuals that are shaping our future.
Download and read online Fundamentals of Investing in Oil and Gas in PDF and EPUB The intent of this book is to educate the reader about the vast complexities of the oil and gas industry and to motivate involvement in domestic oil and gas development, production and refinement. Explains the industry in non-technical language for an average person.
Download and read online The Green and the Black in PDF and EPUB Gary Sernovitz leads a double life. A typical New York liberal, he is also an oilman - a fact his left-leaning friends let slide until the word "fracking" entered popular parlance. "How can you frack?" they suddenly demanded, aghast. But for Sernovitz, the real question is, "What happens if we don't?" Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his fast-paced, funny, and lively book, Sernovitz explains the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate - in short, everyone. Thanks to American engineers' oilfield innovations, the United States is leading the world in reducing carbon emissions, has sparked a potential manufacturing renaissance, and may soon eliminate its dependence on foreign energy. Once again the largest oil and gas producer in the world, America has altered its balance of power with Russia and the Middle East. Yet the shale revolution has also caused local disruptions and pollution. It has prolonged the world's use of fossil fuels. Is there any way to reconcile the costs with the benefits of fracking? To do so, we must start by understanding fracking and the shale revolution in their totality. The Green and the Black bridges the gap in America's energy education. With an insider's firsthand knowledge and unprecedented clarity, Sernovitz introduces readers to the shales - a history-upturning "Internet of oil" - tells the stories of the shale revolution's essential characters, and addresses all the central controversies. To capture the economic, political, and environmental prizes, we need to adopt a balanced, informed perspective. We need to take the green with the black. Where we go from there is up to us.
Download and read online The Greatest Trade Ever in PDF and EPUB In 2006, hedge fund manager John Paulson realized something few others suspected--that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him. Even pros skeptical about housing shied away from the complicated derivative investments that Paulson was just learning about. But Paulson and a handful of renegade investors such as Jeffrey Greene and Michael Burry began to bet heavily against risky mortgages and precarious financial companies. Timing is everything, though. Initially, Paulson and the others lost tens of millions of dollars as real estate and stocks continued to soar. Rather than back down, however, Paulson redoubled his bets, putting his hedge fund and his reputation on the line. In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year's end, though, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm--a figure that dwarfed George Soros's billion-dollar currency trade in 1992. Paulson made billions more in 2008 by transforming his gutsy move. Some of the underdog investors who attempted the daring trade also reaped fortunes. But others who got the timing wrong met devastating failure, discovering that being early and right wasn't nearly enough. Written by the prizewinning reporter who broke the story in The Wall Street Journal, The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative of how a contrarian foresaw an escalating financial crisis--that outwitted Chuck Prince, Stanley O'Neal, Richard Fuld, and Wall Street's titans--to make financial history. From the Hardcover edition.
Download and read online Energy Myths and Realities in PDF and EPUB There are many misconceptions about the future of global energy often presented as fact by the media, politicians, business leaders, activists, and even scientists_wasting time and money and hampering the development of progressive energy policies. Energy Myths and Realities: Bringing Science to the Energy Policy Debate debunks the most common fallacies to make way for a constructive, scientific approach to the global energy challenge. When will the world run out of oil? Should nuclear energy be adopted on a larger scale? Are ethanol and wind power viable sources of energy for the future? Vaclav Smil advises the public to be wary of exaggerated claims and impossible promises. The global energy transition will be prolonged and expensive_and hinges on the development of an extensive new infrastructure. Established technologies and traditional energy sources are persistent and adaptable enough to see the world through that transition. Energy Myths and Realities brings a scientific perspective to an issue often dominated by groundless assertions, unfounded claims, and uncritical thinking. Before we can create sound energy policies for the future, we must renounce the popular myths that cloud our judgment and impede true progress.
Download and read online Oil on the Brain in PDF and EPUB Oil on the Brain is a smart, surprisingly funny account of the oil industry—the people, economies, and pipelines that bring us petroleum, brilliantly illuminating a world we encounter every day. Americans buy ten thousand gallons of gasoline a second, without giving it much of a thought. Where does all this gas come from? Lisa Margonelli’s desire to learn took her on a one-hundred thousand mile journey from her local gas station to oil fields half a world away. In search of the truth behind the myths, she wriggled her way into some of the most off-limits places on earth: the Strategic Petroleum Reserve, the New York Mercantile Exchange’s crude oil market, oil fields from Venezuela, to Texas, to Chad, and even an Iranian oil platform where the United States fought a forgotten one-day battle. In a story by turns surreal and alarming, Margonelli meets lonely workers on a Texas drilling rig, an oil analyst who almost gave birth on the NYMEX trading floor, Chadian villagers who are said to wander the oil fields in the guise of lions, a Nigerian warlord who changed the world price of oil with a single cell phone call, and Shanghai bureaucrats who dream of creating a new Detroit. Deftly piecing together the mammoth economy of oil, Margonelli finds a series of stark warning signs for American drivers.
Download and read online Twilight in the Desert in PDF and EPUB Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabia’s troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. It’s a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers’ questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.