A dramatic oil price crash during the fourth quarter and competition from in-basin frac sand mines eroded U.S. Silica’s profits to the point that the Houston sand company closed 2018 with a $200.8 million loss.
Source: FuelFix
A dramatic oil price crash during the fourth quarter and competition from in-basin frac sand mines eroded U.S. Silica’s profits to the point that the Houston sand company closed 2018 with a $200.8 million loss.
Source: FuelFix
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