Crude oil could rise to $60 a barrel by the end of the year, even without any help from OPEC, new Saudi energy minister Khalid Al Falih told CNNMoney. Al Falih was speaking just after OPEC wrapped up a summit in Vienna. During the meeting, OPEC decided against implementing a cartel-wide production quota range, once again failing to reach an…Read More
Tag: Pattison Sand Co.
This Week’s Market Buzz
Oil prices turned higher as investors weighed data showing a drop in U.S. crude supplies against the Organization of the Petroleum Exporting Countries’ decision not to freeze production. The U.S. data demonstrated how more than a year of low prices and spending cutbacks by oil companies are leading to shrinking supplies, helping reduce the oversupply of crude oil without intervention…Read More
Pattison Sand Co. Seeks Expansion in Iowa
Clayton County officials have commissioned a study to determine the environmental and aesthetic impacts of a proposed expansion of Iowa’s only frac sand mine.Read More
Fire at Frac Sand Mine Leads to Lawsuit
Contamination from an underground fire last year at a northeast Iowa sand mine on the Mississippi River allegedly cost a neighboring company more than $500,000.Read More