Nick Cook, Editor
Issue #350 | December 1, 2021
We hope everyone enjoyed Thanksgiving with your family or friends. We certainly enjoyed ours, and I may have justified one-too-many slices of pie.
As we wrap up a busy 2021 and look forward into 2022, there are some great articles in this week’s newsletter: an Argentinian fashion company turning frac sand bags into hand bags, reactions to the releasing of the SRO, Infill’s annual survey results, and much more! Register soon for the Frac Sand Industry Update in February as well so that you can hear from the industry leaders and decision makers on what is happening in our frac sand world. Our space is limited!
And now, the news…
U.S. Silica announced that its Industrial and Specialty Products business will increase prices for most of its non-contracted silica sand.
The results from Infill’s annual industry survey including mitigation strategies, concerns, and price changes.
What are the biggest industry surveyed pain points for early 2022 (hint: it’s not COVID or regulation…)
Top oil producers Saudi Arabia and Russia are considering a move to pause their recent efforts to provide the world with more crude, according to people familiar with those discussions, after Washington and other countries said they would release a slug of stored oil in an effort to lower prices.
An Argentine fashion firm has found a new source of inspiration - and materials - in an unlikely location: oil industry burlap plastic sacks from the country's huge Vaca Muerta shale formation, which they recycle to make shoes, bags and purses.
There are plans to bring online a new large-scale, permanent Permian frac sand plant – the first in quite some time.
The Biden administration said last Tuesday that it would release 50 million barrels of oil from its Strategic Petroleum Reserve in a coordinated effort with other countries to bring down gasoline prices.
It will take at least a year of planning, but a congested, half-mile-long stretch of state-owned railroad track through downtown Janesville, WI is in line for $11.6 million worth of improvements.
Academic research regarding the productivity of heterogeneous proppant placement.
Academic research showing increased recovery rates in channel fracturing in Argentina.
Analyst Philip Ng reiterated a Buy rating on Eagle Materials (NYSE:EXP) Inc on Tuesday, setting a price target of $180, which is approximately 9.50% above the present share price of $164.38.
California regulators haven’t approved permits for fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom’s 2024 deadline to end it.
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