Tuesday, September 4, 2018

Flood of Sand Points to Shakeout for Shale Suppliers

Two years ago, many investors had the same idea: Tapping the dunes of the West Texas desert to supply shale drillers with the sand they use in fracking. Now, around 20 sand mines are set to be active in the Permian Basin by year’s end, and some fear not all the startups can survive.

from WSJ.com: US Business https://ift.tt/2wEqPRs
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