Drill Bits: Low Nat Gas Prices Drive Away Rigs, and the Little Fracking Bean
Pittsburgh Post-Gazette: Low gas prices have driven rigs away from a western Pennsylvania township.
Bloomberg: Halliburton’s profits are down as fracking supply costs rise.
EconoMonitor: And why are frackers like Halliburton seeing the cost in raw materials increase? Guar beans, a key ingredient for ice cream and frack fluid, have tripled in price since 2005.