Stories related to "Energy". http://www.chicagobooth.edu/magazine/fall-2016/rss


Fracking: An Explosive History

In 1862, a man named Edward A. L. Roberts was fighting against the Confederate army during the Battle of Fredericksburg. The lieutenant colonel noticed the effects of torpedoes hitting a nearby river. He survived the battle and left the armed services a year later, but his torpedo observation remained on his mind. Three years later, the lieutenant colonel launched the Roberts Petroleum Torpedo Company, having invented a new way to extract oil and gas from the ground. He patented his invention as “the Exploding Torpedo.”