This Week’s Market Buzz

• U.S. oilfield-service company Halliburton publicly blamed Canadian National Railway Co. (CN) for frac and sand delivery delays and said the issues would negatively impact its quarterly results by 10 percent. Jean-Jacques Ruest took over the reins at CN in March and has vowed “a sense of urgency” in fixing the company’s strategic issues.

• The legal battle over Winona County’s frac sand mining ban could go all the way to the Minnesota Supreme Court, according to the Winona Post. Minnesota Sands has asked the state’s high court to take the case. One of the key issues, as far as Minnesota Sands is concerned, is whether frac sand mining and general sand mining are the same thing.

• A special committee in the Town of Rock, Wis., will review a frac sand mine proposed southwest of Marshfield, Wis. Sand and Carbo Ceramics applied for permits to mine property near MacArthur Drive and County Road V. The citizen’s committee will have 60 days to approve, reject or amend the permits for the project. The proposal says the site would be mined for 10 to 14 years and then be turned into a large public lake.

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