This Week’s Market Buzz

• Oil prices are at three-year highs, as geopolitical risk and confidence in global growth continued to buoy markets. Light, sweet crude for February delivery rose $1.23, or 2 percent, to $62.96 a barrel on the New York Mercantile Exchange, the highest settle value since December 2014. Brent, the global benchmark, also closed at a three-year high, up $1.04, or…

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Krumenacher Named to WISA Board of Directors

Wisconsin Industrial Sand Association (WISA) announced that GZA’s Mark Krumenacher of Waukesha County, Wis., was named to the WISA board of directors. Krumenacher is a senior principal and senior vice president with GZA GeoEnvironmental Inc. and recently was named to the firm’s board of directors. He is a graduate of the University of Wisconsin with a BS and MS in…

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This Week’s Market Buzz

According to the Jackson County Chronicle, a group of landowners has launched an effort to halt frac sand mining in Jackson County, Wis. A petition filed in Jackson County Circuit Court said county officials haven’t followed proper procedures for appealing zoning decisions and should re-consider a legal challenge made against a rail spur for sand transportation in the town of…

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This Week’s Market Buzz

The Land Stewardship Project is proclaiming that 47 frac sand companies currently operating in Wisconsin were reviewed by their organization, and environmental violations and other abuses were found to be abundant. The violations outlined in the report include sediment and wastewater spills, air quality problems, and illegal drilling and construction. Rich Budinger, president of the Wisconsin Industrial Sand Association, said…

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Wisconsin Police Powers Bill Stalls

According to the Wisconsin Industrial Sand Association (WISA), the Wisconsin State Legislature adjourned its 2013-2015 session without acting on SB 632/AB 816. The bill ¬– significantly revised from its predecessor SB 349 – would have prevented use of municipal police powers to change the rules for existing, locally permitted non-metallic mining operations and properties, while continuing the high level of…

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