Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #380 | July 6, 2022
A quick industry update following American Independence Day weekend. In the spirit of freedom from oppressors, a big thank you goes out to the “un-thanked” in our industry. Providing an alternative means for energy is a means of protecting the inalienable rights of people all throughout the world, most evident today in Europe. The Founders of the United States would be proud that the citizens of the nation they foresaw have contributed to economically battling against tyrants and oppressors.
To everyone reading this and to your teams, thank you.
And now, the news…
This Week's News
Meeting Frac Sand Industry Leaders
We remain committed to being the number one place to meet and socialize with the leaders in frac sand.
The IPO Market is Hibernating, Waiting for the Market to Turn
Several oil and gas companies appear likely to IPO, including E & P Ascent Resources, frac sand provider Atlas Sand, and natural gas driller BKV, Kennedy told me.
Gas Prices Test American Appetite for New Cold War With Russia
Biden, caught between climate goals and inflation, should look to how Germany’s Green Party adapted its energy policies.
Proposed silica mine wins state permit but faces Ste. Genevieve County roadblock
Nexgen Silica intends to produce frack sand and/or industrial sands, moving the materials for transport on the Mississippi River at Ste. Genevieve, the company said in April.
Atlas Sand Welcomes Jeff Allison as Executive Vice President, Sales and Marketing
Responsible for Oilfield Services (OFS) sales, marketing, customer relationships and strategic commercial execution, Jeff will play an integral role in ensuring Atlas will continue to provide premium quality products and services to the Permian Basin.
New fracking procedure again making US oil wells profitable
The re-fracs, which are increasingly popular as shale oil producers look to take advantage of $100 per barrel crude.
Oil Prices Pulled Lower by Dimming Demand
Average gasoline prices across the U.S. have retreated to $4.80 a gallon, off records above $5 a gallon that drivers saw last month.
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