This segment is from Thursday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
Rather than transport millions of gallons of fracking waste water using trains and trucks, the idea of utilizing river barges is now up for a vote. The United States Coast Guard believes it can be done in an environmentally safe way and would take 70 tractor trailers out of service per per barge. This could be disasterous to the oil and gas operations of companies such as Clean Harbors (NYSE:CLH), Nuverra Environmental Solutions (NASDAQOTH:NESC) and Waste Connections (NYSE:WCN).
One energy services company facing very little competition