Monday, October 8, 2018

The Geopolitical Downsides of Fracking Are Downright Scary

I think it’s fair to say that when most of you hear about fracking, the first thing that comes to mind is the potential environmental damage. This has been a big story over the past several years. What you might not think about is how fracking is changing the geopolitics of the world. How it’s helping America towards energy independence, which in a counterfactual way, may not be a good thing. But at the same time, it’s also impacting Saudi Arabia and Russia in ways that affect power politics throughout the world.

It’s not only geopolitics. The fracking industry in Texas, Ohio, and Pennsylvania, and New Mexico is impacting politics right here at home. Just ask candidates running in those states. Add to this the importance of the industry’s deep, symbiotic ties to Wall Street, plus a cast of characters in the fracking business that could easily produce a modern day ‘Giant’ or ‘Dallas’. Bringing all of this together is my guest, Bethany McLean in here new book  Saudi America: The Truth About Fracking and How It's Changing the World.

My WhoWhatWhy conversation with Bethany McLean: