The true costs of frac sand mining
New report raises concerns about expansion of frac sand mines in Minnesota and Wisconsin
By Andrew Ranallo
Published May 15, 2013
ST. PAUL – The true economic impact of frac sand mining may fall short of industry claims promising sustained prosperity and economic opportunity, says a first-of-its-kind expert report to be released Wednesday, May 15. By using currently available economic data, The Economic Benefits and Costs of Frac-Sand Mining in West Central Wisconsin offers a full, unbiased analysis of costs and benefits for communities affected by frac sand mining. The report concludes by offering a list of questions to be considered that can help rural towns in Wisconsin and Minnesota effectively evaluate benefits and costs of frac sand mining for their community. As frac-sand mining legislation is being considered in Minnesota, including taxes to benefit the state and conservation measures to protect the environment, the report offers data to supplement the often overly optimistic economic projections from mining companies that often ignore costs and minimize environmental risks.
When drilling for oil or natural gas is impractical due to geological factors, hydraulic fracturing (or “fracking”) is an increasingly popular alternative for oil and gas companies. Fracking involves injecting materials (often sand) into rock formations, opening them and allowing resources to be extracted. Wisconsin and Minnesota have has substantial deposits of sand with the perfect properties for fracking—also known as “frac sand.” As oil and gas companies increasingly turn to fracking, the demand for frac sand has boomed.
(Continued here. For an excellent take on the personal costs of frac sand mining, view the documentary "The Price of Sand".)
By Andrew Ranallo
Published May 15, 2013
ST. PAUL – The true economic impact of frac sand mining may fall short of industry claims promising sustained prosperity and economic opportunity, says a first-of-its-kind expert report to be released Wednesday, May 15. By using currently available economic data, The Economic Benefits and Costs of Frac-Sand Mining in West Central Wisconsin offers a full, unbiased analysis of costs and benefits for communities affected by frac sand mining. The report concludes by offering a list of questions to be considered that can help rural towns in Wisconsin and Minnesota effectively evaluate benefits and costs of frac sand mining for their community. As frac-sand mining legislation is being considered in Minnesota, including taxes to benefit the state and conservation measures to protect the environment, the report offers data to supplement the often overly optimistic economic projections from mining companies that often ignore costs and minimize environmental risks.
When drilling for oil or natural gas is impractical due to geological factors, hydraulic fracturing (or “fracking”) is an increasingly popular alternative for oil and gas companies. Fracking involves injecting materials (often sand) into rock formations, opening them and allowing resources to be extracted. Wisconsin and Minnesota have has substantial deposits of sand with the perfect properties for fracking—also known as “frac sand.” As oil and gas companies increasingly turn to fracking, the demand for frac sand has boomed.
(Continued here. For an excellent take on the personal costs of frac sand mining, view the documentary "The Price of Sand".)
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