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The Next Financial Crisis Lurks Underground
Fueled by debt and years of easy credit, America’s energy boom is on shaky footing.
The New York Times,
2018
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Recommendation
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.
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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.
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