Nick Cook, Editor
Issue #386 | August 17, 2022
It’s Wednesday morning, so here’s your latest frac sand news as the financial markets grow increasingly bullish on the industry!
And now, the news…
Compared to traditional drilling, almost everything about fracking is less: less capital to get a well drilled, less time to get a well producing and less time that it will be producing that oil.
Relying too much on renewable energy sources has risks, the private-equity firms say, pointing to how natural-gas shortages and weak winds led to high energy prices in Europe last year, even before Russia’s invasion of Ukraine this February.
Members of Germany's coalition government want fracking to be reconsidered as a potential solution to the coming gas crunch.
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