Husky Oil Operations has cancelled plans to drill for silica sand near Behchoko, N.W.T., Canada, and other areas on the north shore of Great Slave Lake, according to CBC News.
Read MoreMonth: June 2015
Study: Frac Sand Mining a Boon for Employment, Earnings, Economies
A new Policy Study from The Heartland Institute shows industrial sand mining has been “a significant driver of economic growth across the Upper Midwest.” If done in an environmentally responsible manner, the study finds, “it can be an important source of employment and earnings for decades to come.” The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is the second in…
Read MoreThis Week’s Market Buzz
According to the investment website Seeking Alpha, long term, the market dynamics for frac sand are still in place. The amount of frac sand per well seems to be increasing for now based on the fact drillers are using more stages per well. As prices fall drillers are incentivized to increase the amount of frac sand they use per well…
Read MoreVolvo Group Achieves Energy Efficiency Goal
Volvo Group North America achieved its goal of reduced energy consumption in the U.S. Department of Energy (DOE) Better Buildings, Better Plants Challenge five years earlier than anticipated. Volvo Group’s goal had been a 25 percent reduction in energy consumption at its eight U.S. manufacturing plants between 2009 and 2020. By the end of 2014, Volvo Group, one of only 11…
Read MoreLaw Considered for Quarry Closing
June 15, 2015 – Massachusetts State Sen. Mike Rush, along with fellow state Rep. Ed Coppinger and other colleagues, is working on creating a unified set of rules and regulations regarding the shutting down of a quarry regardless of where it is in Massachusetts. Currently there are not any state laws governing the process, Rush said during a meeting of the West…
Read MoreARTBA Study: Gas Tax Increase Doesn’t Translate at Pump
Increasing the gas tax does not result in a commensurate penny-to-penny increase in the retail price motorists pay at the pump, a study of the market impacts of five state gas tax increases enacted in 2013 found.
Read MoreWeir Minerals Celebrates Durex Golden Anniversary
Weir Minerals North America announced that the Durex wire screen media product line is celebrating 50 years of excellence in 2015. The Durex product facility, based in Luck, Wis., is proud of the reputation it has earned during the past half-century of successfully meeting and exceeding customer needs in the aggregates and mining industries, according to the company. Durex Products,…
Read MoreGranite Construction Sees Increase in Construction Materials Segment
Granite Construction Inc. reported a net loss of $8.6 million for the quarter ended March 31, 2015, compared to a loss of $20.6 million in the first quarter of 2014. Losses per share in the quarter were $0.22, compared to $0.53 in the prior-year period.
Read MoreHouse Passes 2016 Transportation Appropriation
The House of Representatives narrowly passed H.R. 2577, a $55.3 billion fiscal 2016 transportation-housing spending measure, by a vote of 210-216. It provides nearly $40.3 billion from the Highway Trust Fund to be spent on the Federal-aid Highways Program, equal to FY2015.
Read MoreAED Chairman Takes Congress to Task
On June 3, Don Shilling, president of General Equipment and Supplies of Fargo, N.D., and the Associated Equipment Distributors’ (AED) 2015 national chairman, called for bold, decisive action to restore certainty to the federal highway program.
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