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
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.
Summary
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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