9781250080660

The Green and the Black The Complete Story of the Shale Revolution, the Fight over Fracking, and the Future of Energy

by
  • ISBN13:

    9781250080660

  • ISBN10:

    1250080665

  • Format: Hardcover
  • Copyright: 2/23/2016
  • Publisher: St. Martin's Press

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

Purchase Benefits

  • Free Shipping On Orders Over $59!
    Your order must be $59 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • Get Rewarded for Ordering Your Textbooks! Enroll Now
List Price: $27.99 Save up to $7.10
  • Rent Book $20.99
    Add to Cart Free Shipping

    TERM
    PRICE
    DUE

Supplemental Materials

What is included with this book?

  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
  • The Rental copy of this book is not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Summary

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.

Author Biography

GARY SERNOVITZ is a managing director at Lime Rock Management, an oil- and gas-focused private equity firm. He began his career as an oil equity research analyst at Goldman Sachs, but quit to write novels: Great American Plain (2001) and The Contrarians (2002). He has also written essays and reviews for the Wall Street Journal, Slate, The New Republic, the NYT Book Review, and n+1, among others. A native of Milwaukee, Wisconsin, he is a graduate of Cornell and a resident of New York City.

Table of Contents

Introduction

Part I: The Industrial Perspective
1. Robbing the Mint
2. Peakers, Bunkers, Imports, and Yurts
3. Shalemania and Science Experiments
4. How the Oil Business Reversed Gravity

Part II: The Local Perspective
5. The Fox in the Frack House
6. When Fracking Doesn't Mean Fracking Anymore

Part III: The Financial Perspective
7. The Two-Trillion-Dollar Revolution
8. The Internet of Oil
9. Guar and Lease, or Another Side of Disruption

Part IV: The Global Perspective
10. When Rachel Carson Meets Al Gore
11. On to All of the Above

Part V: The National Perspective
12. Renaissance After Renaissance?
13. And the Land of the Free

Conclusion
Notes
Index

Rewards Program

Write a Review