Can We Expect Another Oil Price Dip Soon?

Friday August 25, 2016 In the latest edition of the Numbers
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Frac sand use declining (Click to
enlarge)- The spike in drilling activity this year compared to last
has caused the price of frac sand to sky rocket. Prices are
expected to rise 62 percent this year to $47 per ton, according to
IHS Markit, cited by…

Friday August 25, 2016 In the latest edition of the Numbers
Report, we’ll take a look at some of the most interesting figures
put out this week in the energy sector. Each week we’ll dig into
some data and provide a bit of explanation on what drives the
numbers. Let’s take a look. 1. Frac sand use declining (Click to
enlarge)- The spike in drilling activity this year compared to last
has caused the price of frac sand to sky rocket. Prices are
expected to rise 62 percent this year to $47 per ton, according to
IHS Markit, cited by…