Nick Cook, Editor
Issue #522 | June 25, 2025
I guess the craziness is over as fast as it began with oil now back where we started (as most folks were fairly confident would happen). Lots of good stories to keep you updated including another change to the TX sales tax on sand and a $16M line of credit closes for an unknown midwest frac sand supplier.
In the past week, we are also proud to announce two new Gold sponsors for November’s Conference: Loadscan and Industrial Kiln & Dryer! Love to see the momentum building…
Grab that second cup of coffee, and let’s dig on in.
And now, the news…
A massive paradigm shift is in the works that will affect Texas frac sand in a huge way, just not as quickly as expected it seems...
Market focus will now turn to global trade negotiations and coming U.S. central bank commentary.
Macro headlines dominated the oilfield dialog and whipsawed the outlook...
The credit facility will be used to support the company’s working capital needs and refinance existing debt, enabling the business to expand production capacity and meet growing demand from the energy sector.
... but then this week's update.
Well-supplied markets and weakening demand for crude concern American drillers
What’s happening on the ground in key L48 oil basins as commodity prices move higher?
LNG Canada will be the only west coast export terminal in North America. Canada has plans to become a significant player in the LNG sector by the end of the decade.
An important indication that despite violent volatility in commodity markets, the actual activity on the ground is less theatrical.
A better understanding of consolidation's effect on the industry...
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• Nick Cook, Petroleum Connection
• Tim McMahon, UT Bureau of Economic Geology
• Ryan Hassler, Rystad Energy
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• William Hitters, CEO, Luxmath Consulting
• Alex Meleshko, LIUM Research [M]
• Matt Oehler, PropX
• Anna Omsberg, SandPile
• Steve Brock, Nomad Proppants
• Nick Cook, Petroleum Connection [M]
• Chris Samanns, Signal Peak Silica
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