In 1992, Wright founded Pinnacle Technologies, a company involved in commercial shale gas production through fracking and served as its CEO until 2006. He was also chairman of Stroud Energy,[13] another company involved in the production of shale gas, before he sold the company in 2006.[14] In 2011, he founded Liberty Energy, then known as Liberty Oilfield Services.[15] As of February 2023, the company was valued at $2.8 billion, according to The Wall Street Journal.[16] As the CEO of Liberty Energy, Wright earned $5.6 million in 2023.[11]
In 2019 Wright drank fracking fluid to demonstrate that it was not dangerous,[17][18] and Liberty Energy promoted its "greener selections" for chemical additives.[19] In a video posted to LinkedIn in January 2023, he said, "There is no climate crisis and we're not in the midst of an energy transition either".[20] He claimed that the climate movement around the world was "collapsing under its own weight".[12] He also said that the term "carbon pollution" is misleading.[21]
wp:Cost of electricity by source
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