Past Event

The Fracking Boom

Image - The Fracking Boom
Tue, Apr 1 2014 - 12:00pm

Russell Gold, Reporter, The Wall Street Journal; Author, The Boom: How Fracking Ignited the American Energy Revolution and Changed the World
Trevor Houser, Partner, Rhodium Group; Co-author, Fueling Up: The Economic Implications of America’s Oil and Gas Boom
Mark Zoback, Member, Secretary of Energy Committee on Shale Gas Development; Professor of Geophysics, Stanford University

Fracking for oil and natural gas is transforming the way the United States powers its economy. A flood of low-priced natural gas has undercut new nuclear plants and nudged utilities to pull the plug on old ones. Cheap gas has also stolen market share from coal and has also hit renewable sources of power, such as wind and solar. Now the fracking bonanza is spreading to China and beyond. With the U.S. poised to become the world’s largest petroleum producer in a few years, the world’s new energy equation could undermine OPEC and profoundly alter the geopolitical balance of power.

Russell Gold’s new book The Boom illustrates Texas oilmen and Oklahoma wildcatters who developed and perfected hydraulic fracturing technology that ushered in a new era of American industry. Trevor Houser’s new book Fueling Up examines the economics of fracking. Join us for a conversation about the most powerful force in today’s energy economy.