Frac Sand Market Dynamics: Impact of Rising Oil Prices and Production Rates
The frac sand market, an essential segment of the oil and gas industry, has been profoundly influenced by fluctuations in oil prices and production rates. Frac sand, a high-purity silica sand used as a proppant in hydraulic fracturing (fracking), is integral to the extraction of oil and natural gas from shale formations. As global oil prices and production rates rise, the demand for frac sand...
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