Oil price decline may flatten frac sand prices
Published: Tuesday, 06 January 2015
Buyers may soon regret committing to premium priced contracts, industry insiders warn
Prices for silica sand (
frac sand) used in hydraulic fracturing (fracking) could
flatten at rates below those agreed between sand producers and
oilfield services companies for 2015 as oil and gas prices
continue to tank, market insiders have suggested to IM.