Those Fracking Lies
Snake Oil: How Fracking’s False Promise of Plenty Imperils Our Future by Richard Heinberg (Post Carbon Institute, 2013) is about the economics of fracking. Also known as hydraulic fracturing, fracking refers to using pressurized water and chemicals to release oil or natural gas trapped in underground rock formations. Heinberg’s new book describes the behind-the-scenes role of Goldman Sachs and other investment banks in driving the present fracking boom.
