The Frackers
The Outrageous Inside Story of the New Billionaire Wildcatters
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Narrated by:
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Sean Pratt
About this listen
Everyone knew it was crazy to try to extract oil and natural gas buried in shale rock deep below the ground. Everyone, that is, except a few reckless wildcatters - who risked their careers to prove the world wrong. Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nation’s already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources. Major oil companies had just about given up on new discoveries on U.S. soil, and a new energy crisis seemed likely.
But a handful of men believed everything was about to change. Far from the limelight, Aubrey McClendon, Harold Hamm, Mark Papa, and other wildcatters were determined to tap massive deposits of oil and gas that Exxon, Chevron, and other giants had dismissed as a waste of time. By experimenting with hydraulic fracturing through extremely dense shale - a process now known as fracking - the wildcatters started a revolution. In just a few years, they solved America’s dependence on imported energy, triggered a global environmental controversy - and made and lost astonishing fortunes.
No one understands these men better than the award-winning Wall Street Journal reporter Gregory Zuckerman. His exclusive access enabled him to get close to the frackers and chronicle the untold story of how they transformed the nation and the world. The result is a dramatic stretching from the barren fields of North Dakota and the rolling hills of northeastern Pennsylvania to cluttered pickup trucks in Texas and tense Wall Street boardrooms.
Activists argue that the same methods that are creating so much new energy are also harming our water supply and threatening environmental chaos. The Frackers tells the story of the angry opposition unleashed by this revolution and explores just how dangerous fracking really is.
©2013 Gregory Zuckerman (P)2013 Gildan Media LLCListeners also enjoyed...
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They were a band of outsiders unable to get jobs with New York's gilded financial establishment. They would go on to corner the world's multitrillion-dollar oil market, reaping unimaginable riches while bringing the economy to its knees. Meet the self-anointed kings of the New York Mercantile Exchange. In some ways, they are everything you would expect them to be: a secretive, members-only club of men and women who live lavish lifestyles; cavort with politicians, strippers, and celebrities; and blissfully jacked up oil prices to nearly $150 a barrel while profiting off the misery of the working class.
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A far better book than its come-on implies
- By Philo on 01-05-14
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Crash Course
- The American Automobile Industry's Road from Glory to Disaster
- By: Paul Ingrassia
- Narrated by: Patrick Lawlor
- Length: 12 hrs and 18 mins
- Unabridged
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In Crash Course, Ingrassia answers the big questions: Was Detroit's self-destruction inevitable? What were the key turning points? Why did Japanese automakers manage American workers better than the American companies themselves? Ingrassia also describes dysfunctional corporate cultures (even as GM's market share plunged, the company continued business as usual) and Detroit's perverse system of "inverse layoffs" (which allowed union members to invoke seniority to avoid work).
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Contemporary History at Its Best
- By Roy on 04-19-10
By: Paul Ingrassia
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American Icon
- Alan Mulally and the Fight to Save Ford Motor Company
- By: Bryce G. Hoffman
- Narrated by: Pete Larkin
- Length: 14 hrs and 45 mins
- Unabridged
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At the end of 2008, Ford Motor Company was just months away from running out of cash. With the auto industry careening toward ruin, Congress offered all three Detroit automakers a bailout. General Motors and Chrysler grabbed the taxpayer lifeline, but Ford decided to save itself. Under the leadership of charismatic CEO Alan Mulally, Ford had already put together a bold plan to unify its divided global operations, transform its lackluster product lineup, and overcome a dysfunctional culture of infighting, backstabbing, and excuses.
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The best business book I ever read
- By Michael on 10-07-12
By: Bryce G. Hoffman
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Dethroning the King
- The Hostile Takeover of Anheuser-Busch, an American Icon
- By: Julie MacIntosh
- Narrated by: Joyce Bean
- Length: 12 hrs and 57 mins
- Unabridged
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How did InBev, a Belgian company controlled by Brazilians, take over one of America's most beloved brands after barely a whimper of a fight? With timing - and some unexpected help from powerful members of the Busch dynasty, the very family that had run the company for more than a century. From the very heart of America's heartland to the European continent to Brazil, Dethroning the King is the ultimate corporate caper and a fascinating case study that's both wide-reaching and profound.
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Good Story but Narration Can be Annoying
- By Ken on 10-21-11
By: Julie MacIntosh
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The Money Culture
- By: Michael Lewis
- Narrated by: Alexander Cendese
- Length: 6 hrs and 52 mins
- Unabridged
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The 1980s was the most outrageous and turbulent era in the financial market since the crash of ’29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade. In these trenchant, often hilarious true tales we meet the colorful movers and shakers who commanded the headlines and rewrote the rules.
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Not the normal great Michael Lewis
- By Me on 05-12-12
By: Michael Lewis
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The Lost Bank
- The Story of Washington Mutual - The Biggest Bank Failure in American History
- By: Kirsten Grind
- Narrated by: Traber Burns
- Length: 14 hrs and 7 mins
- Unabridged
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During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry - and even the entire country - lost its way as well. Kirsten Grind’s The Lost Bank is a magisterial and gripping account of these events.
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Sad and Angry by Turn
- By Johnnie Walker on 07-24-12
By: Kirsten Grind
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Rainbow's End: The Crash of 1929
- Oxford University Press: Pivotal Moments in US History
- By: Maury Klein
- Narrated by: Sean Crisden
- Length: 11 hrs and 45 mins
- Unabridged
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The first major history of the Crash in over a decade, Rainbow's End tells the story of the stock market collapse in a colorful, swift-moving narrative that blends a vivid portrait of the 1920s with an intensely gripping account of Wall Street's greatest catastrophe. The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls.
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Plenty of fine detail, especially of the 1920s
- By Philo on 04-18-13
By: Maury Klein
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The House of Mondavi
- The Rise and Fall of an American Wine Dynasty
- By: Julia Flynn Siler
- Narrated by: Alan Sklar
- Length: 17 hrs and 13 mins
- Unabridged
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Set in California's lush Napa Valley and spanning four generations of a talented and visionary family, The House of Mondavi is a tale of genius, sibling rivalry, and betrayal. From 1906, when Italian immigrant Cesare Mondavi passed through Ellis Island, to the Robert Mondavi Corporation's 21st-century battle over a billion-dollar fortune, award-winning journalist Julia Flynn Siler brings to life both the place and the people in this riveting family drama.
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LESS EXCITING THAN WATCHING GRAPES GROW
- By The Louligan on 11-27-09
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A Man and His Mountain
- The Everyman Who Created Kendall-Jackson and Became America's Greatest Wine Entrepreneur
- By: Edward Humes
- Narrated by: Mel Foster
- Length: 12 hrs and 30 mins
- Unabridged
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A Pulitzer Prize-winning journalist tells the story of the self-made billionaire who built the Kendall-Jackson empire from nothing into the biggest-selling brand of premium wines in the U.S. Jess Stonestreet Jackson was one of a small band of pioneering entrepreneurs who put California's wine country on the map. His life story is a compelling slice of history, daring, innovation, feuds, intrigue, talent, mystique, contrarianism, and luck, offering a unique window on the elegant, adventurous, and cut-throat worlds of Jackson's two passions: wine and horseracing.
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Required listening for any wine maker
- By Michael Carr on 01-10-15
By: Edward Humes
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How Chuck Feeney Made and Gave Away a Fortune
- The Billionaire Who Wasn't
- By: Conor O'Clery
- Narrated by: Erik Synnestvedt
- Length: 16 hrs
- Unabridged
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In 1988 Forbes magazine hailed Chuck Feeney as the 23rd richest American alive. No one knew until then that he was extremely wealthy. Or was he? Born during the Depression in Elizabeth, New Jersey, Feeney had made a fortune as co-founder of Duty Free Shoppers, the world's largest duty-free retail chain. How he did it is one of the great untold retail stories of modern times. The greater untold story is that Feeney had in fact given away his fortune, in its totality, to endow Atlantic Philanthropies - one of the most generous and secretive philanthropic funds in the world.
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Horizons I never knew were there!
- By DTU_Garza on 08-13-17
By: Conor O'Clery
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The Meat Racket
- The Secret Takeover of America's Food Business
- By: Christopher Leonard
- Narrated by: John Pruden
- Length: 11 hrs and 26 mins
- Unabridged
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How much do you know about the meat on your dinner plate? Journalist Christopher Leonard spent more than a decade covering the country's biggest meat companies, including four years as the national agribusiness reporter for the Associated Press. Now he delivers the first comprehensive look inside the industrial meat system, exposing how a handful of companies executed an audacious corporate takeover of the nation's meat supply.
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Hits the nail on the head.
- By Anonymous 8888 on 02-04-15
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Barbarians at the Gate
- The Fall of RJR Nabisco
- By: Bryan Burrough, John Helyar
- Narrated by: Bryan Burrough, John Helyar
- Length: 3 hrs and 2 mins
- Abridged
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Barbarians at the Gate has been called one of the most influential business books of all time, the definitive account of the largest takeover in Wall Street history. Bryan Burrough's and John Helyer's account of the frenzy that overtook Wall Street in October and November of 1988 gives us not only a detailed look at financial operations at the highest levels but a richly textured social history of wealth in the twilight of the Reagan era.
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Abridged and Poorly Read
- By Jake on 01-24-13
By: Bryan Burrough, and others
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Tap Dancing to Work
- Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
- By: Carol J. Loomis
- Narrated by: Susan Boyce, Barry Press
- Length: 17 hrs and 38 mins
- Unabridged
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When Carol Loomis first mentioned a little-known Omaha hedge-fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor - nor that she and Buffett would become close personal friends. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view.
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A collection of finance articles - not a biography
- By Gerardo A Dada on 08-23-13
By: Carol J. Loomis
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Best-selling author Bryan Burrough reveals how four Texas oil tycoons transformed America. Rising from humble beginnings through hard work and shrewd dealings, they shifted the balance of power in American politics. While hobnobbing with movie stars and presidents, the Big Rich also created the legend of the swaggering Texas oilman with island hideaways and sprawling ranches.
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In 2006, hedge fund manager John Paulson realized something few others suspected - that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him.
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Hits the nail on the head.
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Wildcatters is the amazing story of greed, corruption, and scandal in the framing of one of the most famous oil families in Texas and the subsequent IRS raid of unprecedental proprtions. This book will confirm your suspicions of the IRS yet provides a glimmer of hope in our criminal justice system.
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The Paul Volker Senior Fellow in International Economics at the Council on Foreign Relations, Washington Post journalist Sebastian Mallaby has garnered New York Times Editor’s Choice and Notable Book honors for his enthralling nonfiction. Bolstered by Mallaby’s unprecedented access to the industry, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007–2009.
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In 1892, Bryan Mealer's great-grandfather leaves the Georgia mountains and heads west into Texas, looking for wealth and adventure in the raw and open country. But his luck soon runs out. Beset by drought, the family loses their farm just as the dead pastures around them give way to one of the biggest oil booms in American history. They eventually settle in the small town of Big Spring, where fast fortunes are being made from its own reserves of oil.
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Extremely interesting
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Jim Simons is the greatest money maker in modern financial history. No other investor - Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros - can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth 23 billion dollars.
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Not worth it
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Oil
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Absolutely Masterful! Comprehensive yet succinct.
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The Apocalypse Factory
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It began with plutonium, the first element ever manufactured in quantity by humans. Fearing that the Germans would be the first to weaponize the atom, the United States marshaled brilliant minds and seemingly inexhaustible bodies to find a way to create a nuclear chain reaction of inconceivable explosive power. In a matter of months, the Hanford nuclear facility was built to produce and weaponize the enigmatic and deadly new material that would fuel atomic bombs.
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Crash of the Titans
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With one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street. Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen?
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The author needs an outline or timeline
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The Prize
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Now with an epilogue that speaks directly to the current energy crisis, The Prize recounts the panoramic history of the world’s most important resource—oil. Daniel Yergin’s timeless book chronicles the struggle for wealth and power that has surrounded oil for decades and that continues to fuel global rivalries, shake the world economy, and transform the destiny of men and nations. This updated edition categorically proves the unwavering significance of oil throughout the twentieth century and into the twenty-first by tracing economic and political clashes over precious “black gold.”
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The Buy Side
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A remarkable writing debut, filled with indelible moments, The Buy Side shows as no book ever has the rewards—and dizzying temptations—of making a living on the Street. Growing up in the 1980’s Turney Duff was your average kid from Kennebunk, Maine, eager to expand his horizons. After trying – and failing – to land a job as a journalist, he secured a trainee position at Morgan Stanley and got his first feel for the pecking order that exists in the trading pits.
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Fascinating, honest tale of life on the "Street"
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Fool's Gold
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Gillian Tett brings to life in gripping detail how the Morgan team's bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control. The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the "shadow banking" world.
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Outstanding narrative about the financial crisis
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The Lost Bank
- The Story of Washington Mutual - The Biggest Bank Failure in American History
- By: Kirsten Grind
- Narrated by: Traber Burns
- Length: 14 hrs and 7 mins
- Unabridged
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During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry - and even the entire country - lost its way as well. Kirsten Grind’s The Lost Bank is a magisterial and gripping account of these events.
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Sad and Angry by Turn
- By Johnnie Walker on 07-24-12
By: Kirsten Grind
What listeners say about The Frackers
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Jonathan Kelman
- 09-29-19
A detailed but narrowly focused business history
This book should be viewed as a corporate history of the US firms that brought hydraulic fracturing to prominence. In this goal, it's rather detailed. That said, if you're looking for a detailed or well documented discussion of the energy industry broadly or the role of energy policy, you should look elsewhere. The final chapter attempts to tackle some of these topics, but the discussion is limited/not very nuanced, and feels tacked on. The narration is also rather dry.
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- Anthony
- 03-29-15
What is Fracking? This book will help you learn.
This is a very interesting and educational book. What is fracking? Fracking or hydraulic fracturing is a method of obtaining natural gas and oil from shale. Basically, a well is drilled, and hydraulic fluid is pumped into the well at great pressure to fracture the shale and release the gas and oil which is then pumped to the surface. There are many controversies and opinions about fracking. Most of the opinions are just that opinions and very little scientific research exists to support conclusions one way or the other at this time. However, I highly recommend that you read this book and learn about fracking and the wildcatters who developed the technology.
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- OK Amy
- 03-10-16
Incredible timing for this audiobook...
I was listening at the time of Aubrey Mcclendon's indictment and death. Very interesting book.
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- Ralph J Argen MD
- 07-07-23
Good twice and was in the business
Rent and oil and gas company, Flynn, oil, and gas draw four and 50 shallow wells in western New York and Pennsylvania. Enjoy the book.
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- Chris
- 01-02-14
Balanced approach on controversial topic
In my estimation, this book does a good job walking the tight rope between "drill baby, drill!" and environmental concerns involved in the process of getting natural gas and crude oil from shale. I'm sure that many environmentalists will think that the author spends too little time addressing the ecological concerns and too much celebrating the figures that brought it in to being.
The history of Fracking as this book lays it out is very interesting. We learn that Fracking isn't a result of Big Oil on their quest for increased global dominance, but rather the small time operators trying new approaches and technologies to make their humble operations profitable.
My only major issue with the book is the timing. The story over fracking is still unfolding and it's impact on the global scene, local communities and the environment hasn't even come close to being realized yet. Due to that, the book's narrative fizzles out at the end. I was more interested in the first 2/3 than the final 1/3. I'm also not sure why Charif Souki, with Cheniere Energy is profiled in the book so extensively other than his interesting back story.
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25 people found this helpful
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- HMS
- 09-29-16
Great read
Great read. Great story. Zuckerman is a powerful writer. His last book was also awesome
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- chautauqua78
- 01-12-24
Frackers
The timeline and the interweaving of these characters trying to reach success and achieve the American Dream. Most of the players didn’t know each other personally while competing for the same areas of exploration yet using each others technology to maximize production.
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- T. Chambless
- 01-03-14
Excellent Book but Mispronunciations Abound!
A true story of good ol' American ingenuity solving problems to make a buck and in the process did away with the concept "peak oil". The narrator is excellent and very easy to listen to, but there was a fatal flaw. I cringed every time he said Chiniere or Schlumberger. Mr. Pratt, please look up the pronunciations before you go and narrate and entire book and mispronounce the names of the primary companies in the book. Chiniere is pronounced shin'-uh-ree not shin-aire'. Being connected with the oil industry, these names are available on the internet or just listen to CNBC for a few hours and you'll hear these pronounced correctly. Chiniere is pronounced shin'-uh-ree, not shin-aire'. Shlumberger is pronounced shlum'-ber-zhay not shlum'-burger. Otherwise, the story is fascinating, and the author did a fantastic job of showing a few pieces of the puzzle of how the process of fracking opened new energy to the US in a modern equivalent of finding the new world.
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19 people found this helpful
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- George Marr
- 04-21-15
The best history of fracking
The book has been edited in such a way as to make it totally understandable
The narrator is very smooth, a pleasure to listen too.
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- Robert Ballantyne
- 01-28-22
Intriguing story
Very well done history of early Fracking, the players and the companies. Well presented and captivating
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