The basic concept behind Nuverra Environmental Solutions (NASDAQOTH:NESC) sounds like a great investment idea: buy stock in a company that will manage and treat wastewater from oil and gas wells. However, that theory hasn't quite played out as many -- including myself -- have hoped so far. However, a recent ban on fracking wastewater disposal via underground storage in Ohio because of earthquakes could be that spark the company needs to expand its footprint there, as well as its joint venture with Halliburton (NYSE:HAL).
Tune into the video below to find out more about why Ohio has banned fracking water, how Nuverra could be a solution to the issue, and how this rule could be a test for other parts of the country suffering earthquakes connected to fracking water.
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