Great read
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.
> “The United States is now the world’s largest producer of crude oil.”
Not only the largest producer, but also the highest quality of light sweet crude, best oil on the planet.
...and the World’s biggest producer of natural gas.
Then why the hell are gas prices so high?