Frack Wastewater Treatment Market Still Worth $1.9 Billion
Even though we've had a dramatic decline in global oil prices--a price collapse from near $100 per barrel to less than $45 per barrel in under a year, and even though that price collapse is directly related to less shale drilling and fracking everywhere--including the Marcellus/Utica, water reuse/recycling in the Marcellus Shale is still in demand says a new report by Lux Research. In fact, the market for frack water management across the country is still estimated to be worth $1.9 billion, not including water transportation and disposal...
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