• The Organization of the Petroleum Exporting Countries (OPEC) reached a deal to cut back on oil production by 1.2 million barrels per day to raise global prices. OPEC nations currently produce about 33.7 million barrels of oil per day. Under the deal, they’ll bring that down to 32.5 million barrels per day, with Saudi Arabia, Iraq, UAE and Kuwait making…
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Frac Sand Market Ready to Explode
There is sand, sand and more sand in our future.
Read MoreStudy Predicts Growth in Frac Sand Consumption
According to the study “ProppantIQ” by PacWest Consulting Partners, the U.S. proppant market is expected to grow at 8 percent per annum through 2015, from 63 billion lb. in 2013 to 75 billion lb. in 2015.
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