In 2012, the fracking revolution added $62 billion to federal and state government revenues and is expected to contribute more than $112 billion in 2020.
Energy Company Finds a Fortune In The Sandbox
If there’s one thing the Earth is not short of, it’s sand. Anyone who’s ever walked on a beach or driven across a desert can tell you that. What you might not know is that not all sand is created equal. That white, powdery stuff you toss in your kid’s sandbox might be good for playing around in, but there’s a reason you can get 50 pounds of it for a few bucks at your local hardware store. It’s just regular, run-of-the-mill sand.
Frac sand, though, that’s a different story. This is a durable, high-purity quartz sand with very round grains that, if it were human, would probably look down its nose at everyone else.
Emerge Energy Services (EMES) knows all about the high perch frac sand occupies in the sand world. The company, which operates as a limited partnership, is one of the leading miners and suppliers of frac sand used in the hydraulic
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