Click HERE to read “The Coming Tsunami in Frac Sand Supply” – an article by a financial analyst who shares my view that frac sand plays aren’t a really good investment right now. There’s slow growth in demand (consensus view seems to be about 12% a year), consumers of frac sand are starting to switch to captive operations in order to wring profits out of their supply chain (EOG and Pioneer), and there’s WAY too much supply coming on line. Very much in line with the “boom and bust” warning contained in the recent report to the Buffalo County Board by Extension (click HERE for that report).
Pretty good list of current and proposed projects by County in this article as well. I’m thinking he got his data from one of the interactive maps that’s out there, but he doesn’t source it so I’m not sure. He’s got Buffalo County pretty right, except nobody notes the lawsuits that the school board and I have pending against the R&J mine.