>> SAND, WE ARE TOLD IS A HOT
COMMODITY BECAUSE IT'S USED IN
FRACKING PROCESS AND WE ARE
DOING A LOT OF FRACKING, CONNELL
MCSHANE IN WHAT'S KNOWN AS SAND
DOOMS.
>> WELL, STUART, IF YOU CAME
DOWN HERE TWO YEARS AGO, YOU SEE
PEOPLE LIKE YOU LIKE TO DO RUN
AROUND IN SAND BUGGIES AND THE
SAND IS WORTH NOTHING, NOW THEY
ARE SELLING IT 40, $50 A TON.
I WANT TO INTRODUCE YOU CHIEF
OPERATING OFFICER OF A COMPANY
CALLED HIGH CRUSH TAKING
ADVANTAGE, SCOTT, GOOD TO SEE
YOU, THANKS FOR COMING ON ON FOX
BUSINESS, YOU MOVED A LOT OF
BUSINESS FROM WISCONSIN TO TEXAS
A YEAR AGO, TELL US WHAT HAPPENS
THE PERMIAN BASIN AND CLOSE TO
CUSTOMERS, 40% OF ALL OF THE
DRILLING ACTIVITY IN THE U.S.
OCCURS HERE IN THE PERMIAN.
>> WHEN YOU MOVED YOU CUT YOUR
COSTS, YOU CUT YOUR CUSTOMERS'
COST IN HALF BY HAVING IT HERE,
NOT HAVING TO PUT IT ON A TRAIN?
>> CORRECT, IN ADDITION TO
REDUCING COST WHAT WE REALLY DID
WAS REDUCED THE TIME, TWO WEEKS
ABOUT DOUBLED, SOME PEOPLE SAY,
BOY YOU'RE GROWING TOO FAST.
>> WE JUST BOUGHT A SILO
COMPANY, CLOSED TODAY, WE ARE
>> THANK YOU, SCOTT, SOME
BUSINESS, STUART, IT REALLY IS,
BECAUSE YOU THINK YOU'RE IN THE
MIDDLE OF NOWHERE, THE SAND TO
THE PERMIAN BASIN AND THEY ARE
MAKING MONEY IN KERMIT, TEXAS.
