Bloomberg Businessweek: The Dark Side of America’s Rise to Oil Superpower

The Dark Side of America's Rise to Oil Superpower
Bloomberg Businessweek

■ January 25, 2018, 5:00 AM EST ● It sounds good, but be careful what you wish for. ▲ ILLUSTRATION: 731 The last time U.S. drillers pumped 10 million barrels of crude a day, Richard Nixon was in the White House. The first oil crisis hadn't yet scared Americans into buying Toyotas, and fracking was an experimental technique a handful of engineers were trying, with meager success, to popularize. It was 1970, and oil sold for $1.80 a barrel. Almost five decades later, with oil hovering near $65 a Read the full story