Does Your Frac Sand Operation Reduce Home Values?

Sand, rock and gravel are literally the foundation of economic development, but their extraction process can generate dust, noise, vibration and truck traffic. While modern technologies and methods have greatly reduced quarries’ impact, the environmental and economic consequences of quarry operations receive considerable attention, often in the form of adversarial “not in my backyard” (NIMBY) campaigns. A key complaint is…

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This Week’s Market Buzz

• The Energy Information Administration reported a 4.6-million draw in crude oil inventories for the week to March 30, largely in line with analysts polled by IG, who had expected a draw of 4.1 million barrels. For the previous week, the EIA had reported a 1.6-million-barrel build in crude oil inventories. WTI traded at $62.38 a barrel and Brent crude…

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