Industry Market Trends

Report: U.S. Manufacturing Skills Gap Crisis Is Overblown

August 29, 2013

Most of the nation’s largest manufacturing areas show no evidence of a substantial shortage of skilled workers, according to the Boston Consulting Group (BCG). The most serious gap is localized to a few key manufacturing areas, and most concerns are overblown for the near-term. Read More

Industry Market Trends

Recycling Frack Water Is an Industry Priority

August 29, 2013

Frack1Oil companies now have access to technology that enables them to recycle water used for hydraulic fracturing (fracking), according to a recent report from the Forum News Service. This is good news because disposing wastewater from fracking, in many instances, is expensive.

However, implementing the technology in the Bakken, a prominent region for fracking that covers parts of Montana, North Dakota, Saskatchewan, and Manitoba, “will take time as operators adjust to the new methods and regulators respond with new permitting rules,” the report says.

The process of fracking typically  involves shooting a highly pressurized mixture of water and sand or ceramics into an oil or gas reservoir several thousand feet underground, “often with the help of a small percentage of additives that aid in delivering that solution down the hatch,” explain officials from Halliburton, which drilled the first fracked well in the 1940s. Read More