Texas Fracking Advocate Takes Message to UK

A high-profile advocate for hydraulic fracturing has taken to national newspaper advertising in the UK to face down doubters and opponents. Texan energy industry executive Chris Faulkner – the president and chief executive of Breitling Energy Corp. – in a full-page ad in The Sunday Telegraph, asks, “Do you know your country is blessed with an incredible gift?”

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Partnership to Build America Act introduced in the House

According to the National Stone, Sand & Gravel Association (NSSGA), Michael Bennett (D-Colo.) and Roy Blunt (R-Mo.) have introduced the Senate companion bill to The Partnership to Build America Act introduced in the House by Rep. John Delaney (D-Md.).

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Permian Basin Materials Gets Financing

GE Capital, Corporate Finance announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials LLC, a newly formed affiliate of WL Ross & Co. LLC (WL Ross).

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Cement Called Most Energy Intensive Industry

Drawing data from its just-released 2013 Annual Energy Outlook, the Energy Information Administration (EIA) cites challenging statistics portland cement customers and producers might encounter in a construction market influenced by green building rating systems and carbon-tracking government agencies. Although the cement industry used only one-quarter of one percent of total U.S. energy, it is the most energy-intensive of all manufacturing…

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