While frac sand reserves in North America are abundant, local community opposition to mining could keep rapid growth in supply in check.
- As reported in this article, Husky Energy has withdrawn plans to mine silica sand near Yellowknife, Northwest Territories, based on the response of an environmental review board evaluating the impact to the community.
- Yesterday, Saratoga Township, Winona County, Minnesota residents proposed a ban on frac sand mining based on concerns for the environment. The ban was denied.
In the current environment of reduced drilling and frac sand oversupply, shortages are not an issue; however, the market will rebound quickly. Over the long term, companies must plan for expansion and increased community involvement.
– Laurie Parker, Senior Research Analyst, Proppant Today, LLC
www.ProppantToday.com
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