Pete Cook, Editor
Issue #313 | March 3, 2021
As the frac sand industry in Texas works to get back on track, the political and energy elites held court online at CERAWeek. We’ve included a couple of articles related to CERAWeek in the Digest this week, but for the most part I tried to ignore the all-too-predictable lectures coming from their speakers. If you want to hear some worthwhile speakers, register for the 6th Annual Frac Sand Industry Update, being held IN PERSON on March 31 at The Petroleum Club of Houston. Learn more and register here.
And now, the news…
For the first time since the freeze, Infill Thinking’s channel checks are starting to show signs that the sand supply chain is on the verge of normalizing and getting back on it’s feet.
The chief executives of Chevron and Saudi Aramco said they see a big role for natural gas even as the world shifts away from fossil fuels to renewable energy.
The chief executives of London-based BP and Netherlands-based Royal Dutch Shell touted their efforts to transform their century-old oil and gas businesses into clean energy leaders, while chief executives of New York-based Hess Corp. and Madrid-based Repsol said they remained confident that fossil fuel demand will continue to grow with the world’s population.
Cutting off gas companies from $40 billion worth of natural gas reserves, the governors of New York, Pennsylvania, New Jersey, and Delaware moved Thursday to safeguard a channel that provides drinking water for millions.
In addition to the sand issues, which we’ve reported diligently on almost daily since the freeze, several other critical frac consumables are coming up in conversations with frac industry insiders now.
Everyone could probably use a little timeline context on recent events. We don’t know about you, but the last couple weeks are just a hazy blur for us! Funny how quickly everything can change with the weather.
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