Fracking made the U.S. a major oil producer, but not energy independent

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Sep 12, 2018
Author of "Saudi America," Bethany McLean tells us about why the key ingredient in fracking is capital, not chemicals.
A Cabot Oil & Gas natural gas drill stands at a hydraulic fracturing site in South Montrose, Pennsylvania. The process is controversial with critics who say it could poison water supplies, while the natural-gas industry says it's been used safely for decades.
Spencer Platt/Getty Images

Why China loves American natural gas more than it hates our tariffs

Jul 11, 2018
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn…