A fascinating study of American entrepreneurial culture and the modern robber barons who succeeded in creating an energy...
Award-winning Wall Street Journal columnist Zuckerman (The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History, 2009) calls drilling for shale gas and oil “one of the greatest energy revolutions in history.”
The author contends that reality has proven contrary to doom-and-gloom peak-oil prognostications. America, he writes, is on the verge of being energy independent, outpacing the Saudis, and we are in the top ranks of natural gas producers worldwide. Ironically, from the standpoint of investors, the problem has been an unpredicted glut of natural gas that unexpectedly caused prices to bottom out. Zuckerman claims that the United States is on the verge of an energy boom that will generate “more than two million new jobs by 2020,” since the low cost of American gas and oil will lure investment. Export abroad will decrease the trade deficit and strengthen the dollar, while energy independence will free the U.S. from “costly foreign entanglements.” The author chronicles the success of a group of wildcatters initially operating on the fringes of the energy industry. Fracking—a shorthand term for high-pressure, hydraulic fracturing of rock to release oil or gas—was a known technology since the days of the Civil War, but it took off during the economic boom of the 1990s. Zuckerman profiles the major players in the game, and he also addresses the ecological impact of the technology. He believes that while there are issues—e.g., potential contamination of the water supply and increased seismic activity—he is optimistic that they can be addressed and remedied in a proper regulatory environment. A first step would be to reveal the composition of pressurized liquid to ensure that it does not contain toxins or carcinogens.
A fascinating study of American entrepreneurial culture and the modern robber barons who succeeded in creating an energy revolution.Pub Date: Nov. 5, 2013
ISBN: 978-1-59184-645-1
Page Count: 320
Publisher: Portfolio
Review Posted Online: Oct. 5, 2013
Kirkus Reviews Issue: Oct. 15, 2013
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
Though the administration may be remembered as the worst in American history, the people seem mostly silent. One wishes that...
New York Times columnist Rich delivers a savaging sermon on the US government’s “rampant cronyism, the empty sloganeering of ‘compassionate conservativism,’ the reckless lack of planning for all government operations except tax cuts”—and so much more.
Anyone who knows his work will know that Rich is no fan of either George Bush, a man “not conversant with reality as most Americans had experienced it,” or the Bush administration. In this blend of journalism and mentalités-style history—that is, the study of the mindsets that underlie and produce events—Rich looks closely and critically at the White House’s greatest hits, from the 2001 defense of gas-guzzling as essential to the American way of life to “Heckuva job, Brownie” to the ongoing morass of Iraq. By Rich’s account, of course, that parade of missteps is organic; Bush and company cannot help but err. In an effort to disguise that track record, the Republicans have exercised single-minded control of the grand narrative of the last five years, at least in part because they have exercised quasi-totalitarian control over the news media. (They are nearly forgotten already, but one needs to remember Judith Miller, Jeff Gannon, Karen Ryan and various columnists and commentators paid off to repeat the party line.) Not for nothing did a White House adviser reveal to one journalist that his bosses were set on creating their “own reality,” one that all Americans were expected to share; not for nothing did that reality include spinning amazing lies about everything from the death of football- and war hero Pat Tillman to the kidnapping of Jessica Lynch to the government’s preparedness for Katrina. And yet, and yet . . .
Though the administration may be remembered as the worst in American history, the people seem mostly silent. One wishes that Rich had explored that particular mentalité along with the others he so fluently discusses.Pub Date: Sept. 26, 2006
ISBN: 1-59420-098-X
Page Count: 304
Publisher: Penguin Press
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: July 15, 2006
Provides a framework, but could have pushed further.
A business-strategy tome heavy on generalizations.
There is an overabundance of books on business strategy. What tends to differentiate one from another? Truly new insights–which are admittedly hard to come by–or detailed case studies that demonstrate the strategies in action. Unfortunately, Rx for Business: Thinkivity lacks both. While Evans is clearly well-versed in business strategy, she covers little that’s new. Most of the information about strategic planning has been addressed elsewhere and with greater authority. Evans claims “Thinkivity” is “a revolutionary system that has helped top executives at S&P 500 companies turn strategy and long-term goals into tangible financial results for their organizations.” Yet none of these executives are quoted in the book and few companies are referenced. American Express and Hewlett-Packard, the only two firms used as examples, appear very briefly in anecdotal form. It would be generous to refer to them as case studies. The book offers a decent discussion of strategic planning, and the author is skilled at explaining the value of workflow design. Probably the most useful content in terms of innovation is the chapter on “What If” strategy. Here, Evans offers advice for becoming “pilot, navigator, and ground control”–as the business leader explores various “what if” ideas, he or she is guiding efforts, keeping things moving in the right direction and making pieces work together. In this section, Evans includes questions to ask, a sample idea-generation agenda and evaluation methodology for assessing each idea, all of which are helpful. The other useful tools in the book are sample mission statements, process flow diagrams, a strategic-planning worksheet and a sample strategic plan. Such tools are not uncommon in business-strategy books. This book follows Rx for Business: Qualitivity (2006), Evans’ first book about the synergy between quality and productivity. This second book in the series does a reasonably decent job of offering a structured approach to strategic planning, but it doesn’t present anything groundbreaking.
Provides a framework, but could have pushed further.Pub Date: Sept. 1, 2008
ISBN: 978-0-595-47820-0
Page Count: -
Publisher: N/A
Review Posted Online: May 23, 2010
Review Program: Kirkus Indie
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