For Most Sand Miners, This Bad News Is Actually Good

Is it counterintuitive to view a court ruling against an industry participant’s expansion plans as a good thing?

Yes.

However, in a niche where oversupply fears have crushed the stocks of publicly traded incumbents, maybe a legal governor on the expansion plans of the few can serve the greater good. Frac sand miners taking a utilitarian view should welcome this week’s Wisconsin Supreme Court ruling against one of their own in the short-run.

There’s a lot more to this story…

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