A New OPEC Emerges

Announcing immense, newly accessible oil and gas reserves, industry leaders declared that energy independence for North America is no longer a political fable, but a practical possibility. Detractors warned of environmental ruin. Once more, risk and reward face off in the energy field.

Barrett is an assistant managing editor and senior writer at Bloomberg Businessweek. His new book, Law of the Jungle, which tells the story of the Chevron oil pollution case in Ecuador, will be published by Crown in September 2014.
Applegate is a graphics editor for Bloomberg Businessweek in New York. Follow him on Twitter @evanapplegate.

American Apparel's Future

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