This Week’s Market Buzz

Rangeland Energy announced that the largest frac sand unit train shipped to date in North America has arrived at the company’s RIO Hub located near Loving, N.M. The record 150-car unit train carried 16,500 tons (33 million lb.) of frac sand and was powered by five diesel locomotive engines. The unit train originated in Ottawa, Ill., and was operated by…

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Reservoir Silicates Key Player in LNG Acquisition

Universal LNG Holdings, Inc. announced it is acquiring HEYCO LNG’s 64-acre facility in Yoakum, Texas, to build the first Liquified Natural Gas (LNG) facility dedicated to the energy sector in the Southern Gulf Coast. The acquisition could provide a much-needed boost to a domestic energy industry struggling under high production costs, according to the company.

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