Two frac sand mines have resumed operations near Eau Claire and Menomonie, Wis., after more than a year-long downturn in demand for the sand used in drilling for oil and natural gas, according to Rich Kremer at Wisconsin Public Radio.
Read MoreTag: Hi-Crush Proppants
This Week’s Market Buzz
Oil is hovering at about $50 per barrel, down slightly on concern about the economic outlook following Britain’s vote to leave the European Union. OPEC’s oil output has risen in June to its highest in recent history. Nigeria’s oil industry has partially recovered from militant attacks and Iran and Gulf members are now boosting supplies. Returning Nigerian supply will put…
Read More