Local News

8-10-17 Frack Sand Companies Losing Money in Wisconsin Despite High Demand

todayAugust 10, 2017

MADISON, Wis. (AP) — Frack sand companies doing business in Wisconsin are seeing their stock prices fall despite high demand for the sand.
Wisconsin Public Radio reports that this year companies focused on developing sand mines in Texas, which has caused the stock price of companies that focused on developing Wisconsin mines to drop.
Oil companies use the sand in hydraulic fracture drilling for oil and natural gas.

Written by: Radio Plus

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