• The hydraulic fracturing market through 2023 is expected to be tight. Horsepower and water demand are both projected to rise next year, and sand will likely continue to be an issue, according to Luke Smith, U.S. onshore analyst at Westwood Global Energy Group.
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Canadian National Railway Seeks to Acquire Kansas City Southern
Canadian National Railway is making a $33.7 billion cash-and-stock offer for the Kansas City Southern. The bid is higher than a $25 billion cash-and-stock proposal made by Canadian Pacific last month.
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