Posted on 10/27/2014 6:04:43 AM PDT by bert
Six years ago Bryan Sheffield had no energy industry experience. Today he’s on track to become a billionaire before his 40th birthday. How it happened is one of the greatest Texas oil stories of all time.
The Great American Energy Boom is responsible for some of the most incredible roughneck-to-riches stories in business history. Aubrey McClendon built Chesapeake Energy CHK -0.87% into a land-grabbing juggernaut, lost his shirt (and his spot on The Forbes 400) from too much borrowing and is now clawing his way back. Harold Hamm envisioned using horizontal drilling and hydraulic fracturing technology to bring up oil from under North Dakota and amassed a $19 billion fortune at Continental Resources CLR -1.99%. Trevor Rees-Jones has built a $5.4 billion pile exploring for shale gas under Texas and Pennsylvania.
(Excerpt) Read more at forbes.com ...
It is not really concerned with numbers and charts and graphs that most journalists report. It is a success story
“You didn’t build that.” Barak Hussein Obama
Great link with a great story of history repeating itself, only the names have changed.
I just noticed - since I'm currently reading it again - that that's a direct quote from Atlas Shrugged. (And it wasn't Hank Reardon or John Galt saying it...) As are many other Obamaisms.
Seems like Atlas Shrugged may have unwittingly turned out to be a blueprint for "progressives".
I know Bryan Sheffield very well, and his grandfather (Joe) pretty well.
He’s a great guy and has gathered great people around him.
Hardly Roughneck to riches. The “Prince” was indeed a Prince.
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