A bankrupt energy company is suing the Cuomo Administration over the long delayed decision on whether to allow hydrofracking in New York. Their attorney says the action was prompted by remarks made by Governor Cuomo and his Health Commissioner earlier this week.
In his new book, The Frackers, journalist Gregory Zuckerman tells us the back-story. 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 looked to relieve America’s dependence on imported energy, triggered a global environmental controversy—and made and lost astonishing fortunes.