Hardcover: 272 pages
Publisher: Signal; 1st Edition edition (May 13, 2014)
Language: English
ISBN-10: 0771046448
ISBN-13: 978-0771046445
Product Dimensions: 5.7 x 1.1 x 8.7 inches
Shipping Weight: 14.9 ounces (View shipping rates and policies)
Average Customer Review: 4.3 out of 5 stars See all reviews (18 customer reviews)
Best Sellers Rank: #1,379,037 in Books (See Top 100 in Books) #52 in Books > Engineering & Transportation > Engineering > Energy Production & Extraction > Fossil Fuels > Natural Gas #122 in Books > Engineering & Transportation > Engineering > Energy Production & Extraction > Drilling Procedures #355 in Books > Engineering & Transportation > Engineering > Energy Production & Extraction > Mining
The new book Groundswell is a highly recommended read.It is more an economics and politics book than a science treatise, and there are plenty of issues in fracking economics and politics to discuss. In an easy conversational writing style, Ezra Levant powerfully debunks a litany of myths regularly asserted by anti-fracking activists.New Promise for Proven TechniqueLevant quickly dismisses the idea that hydraulic fracturing is anything new, noting the technique was first used on a vertical well in 1947 by Standard Oil and Gas Corporation, which patented the process in 1949. He also provides an illuminating discussion of horizontal drilling, which has gone hand-in-hand with hydraulic fracturing to launch our nation’s recent oil and natural gas renaissance.Levant provides a bent-straw analogy to explain how a drill string turns over and ends up drilling horizontally, following a shale seam for thousands of feet instead of vertically for hundreds of feet. The modern process was first tried 10 years ago in a well in the Barnett Shale in Texas.Levant notes fracking has revived America’s oil and natural gas industries, turning the United States into the Saudi Arabia of natural gas. The word “revolution” is tossed around liberally, but it truly fits our natural gas renaissance. He quotes a 2013 Goldman Sachs report stating fracking will give the United States an economic advantage in the world energy market for years to come.Of greater importance, the Goldman Sachs report recognizes it is not just energy we are talking about, but also the positive impact of affordable and abundant energy on steel, metals, chemicals, infrastructure, and other industries that are massive users of energy.
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