Peters Joins Graniterock’s Board of Directors

Mary E. Peters, U.S. Secretary of Transportation under President George W. Bush, was elected to Graniterock’s board of directors at the company’s recent annual shareholder meeting. Peters joined the nine-member board that governs the 118-year-old construction materials and services company based in Watsonville, Calif., upon her election March 23. “We are delighted to have someone with Mary’s knowledge, skills and…

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Does Your Frac Sand Operation Reduce Home Values?

Sand, rock and gravel are literally the foundation of economic development, but their extraction process can generate dust, noise, vibration and truck traffic. While modern technologies and methods have greatly reduced quarries’ impact, the environmental and economic consequences of quarry operations receive considerable attention, often in the form of adversarial “not in my backyard” (NIMBY) campaigns. A key complaint is…

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This Week’s Market Buzz

• The Energy Information Administration reported a 4.6-million draw in crude oil inventories for the week to March 30, largely in line with analysts polled by IG, who had expected a draw of 4.1 million barrels. For the previous week, the EIA had reported a 1.6-million-barrel build in crude oil inventories. WTI traded at $62.38 a barrel and Brent crude…

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