Frac sand mining study: Benefits blowin' in the wind?
Officials should investigate costs, benefits of frac mining, report says
by Stephanie Hemphill, Minnesota Public Radio
May 15, 2013
ST. PAUL, Minn. — Local officials should ask in-depth questions about costs and benefits when they consider whether to permit a frac sand mine, according to findings in a report released Wednesday by the Minneapolis-based Institute of Agriculture and Trade Policy.
The study, conducted by Thomas Power, a retired University of Montana economist and an expert on the economics of mining, concluded that the economic effects of silica sand production used in mining is likely to be quite small.
Drawing from data collected by the federal government and the state of Wisconsin, production could create about 2,300 jobs, but that's less than one percent of total employment statewide. The frac sand region creates about the same number of jobs in all categories every two months, Power said.
by Stephanie Hemphill, Minnesota Public Radio
May 15, 2013
ST. PAUL, Minn. — Local officials should ask in-depth questions about costs and benefits when they consider whether to permit a frac sand mine, according to findings in a report released Wednesday by the Minneapolis-based Institute of Agriculture and Trade Policy.
The study, conducted by Thomas Power, a retired University of Montana economist and an expert on the economics of mining, concluded that the economic effects of silica sand production used in mining is likely to be quite small.
Drawing from data collected by the federal government and the state of Wisconsin, production could create about 2,300 jobs, but that's less than one percent of total employment statewide. The frac sand region creates about the same number of jobs in all categories every two months, Power said.
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