YUMA Sand Closing
40+ cars there today!
Last week during the week the place was locked up, gates padlocked and no cars except on the siding in Boon. Today the gate is open, at least 40 hoppers in the loading area and trucks in and out. Reopened to fill last orders?
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Re: YUMA Sand Closing
New owners..
- AARR
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Re: YUMA Sand Closing
Is this a question or a statement?
Notch 8 wrote:New owners..
PatC created a monster, 'cause nobody wants to see Don Simon no more they want AARR I'm chopped liver, well if you want AARR this is what I'll give ya, bad humor mixed with irrelevant info that'll make you roll your eyes quicker than a ~Z~ banhammer...
- ConrailMan5
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Re: YUMA Sand Closing
While yes that is true, and yes oil is a universal input for all manufacturing (so lower costs to business' that aren't likely to trickle down to consumers), it is bad for the domestic oil industry. Low prices shifts the supply curve back as producers ofJ T wrote:Cheap oil = cheap gas = more spending money in the pockets of consumers = good for the economy.Notch 8 wrote:So really, cheap oil is not good for the economy... Crap I believe is getting ready to hit the Fan !
Oil aren't willing to produce the quantity demanded at that price. Which in turn hurts businesses that supply input products for fracing (such as sand).
So In short, it's a complex beast where no matter what some lose and some win.
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Re: YUMA Sand Closing
Cheap Oil might be good for Consumers but not necessarily for the Economy.. A) Increases deflation B) Reveals a weak global economyJ T wrote:Cheap oil = cheap gas = more spending money in the pockets of consumers = good for the economy.Notch 8 wrote:So really, cheap oil is not good for the economy... Crap I believe is getting ready to hit the Fan !
- Saturnalia
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Re: YUMA Sand Closing
Most fracking isn't profitable under current crude prices. Actually, little to no wells anywhere are making money right now. At some point somebody will go bust and the supply will drop to cut out the slack, unless demand rises out of nowhere.Notch 8 wrote:Cheap Oil might be good for Consumers but not necessarily for the Economy.. A) Increases deflation B) Reveals a weak global economyJ T wrote:Cheap oil = cheap gas = more spending money in the pockets of consumers = good for the economy.Notch 8 wrote:So really, cheap oil is not good for the economy... Crap I believe is getting ready to hit the Fan !
In a perfect world, crude would probably be best around $70-80 a barrel. Above, but not too far above, production costs. That would put gas around a reliable $2.50 or so.
Re: YUMA Sand Closing
Yuma Sand (Fairmount Minerals) will be closed permanently on September 15... Sad day indeed !
- Jetlink
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Re: YUMA Sand Closing
^^^This^^^J T wrote:Cheap oil = cheap gas = more spending money in the pockets of consumers = good for the economy.Notch 8 wrote:So really, cheap oil is not good for the economy... Crap I believe is getting ready to hit the Fan !
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Re: YUMA Sand Closing
But bad for rail fans
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Re: YUMA Sand Closing
I noticed the foundry on the I&O has not been getting any of the GLC's old MKT or SOU hoppers recently
- MQT1223
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Re: YUMA Sand Closing
Is this sand not any good for producing concrete? Seems like home building has been picking back up. Any other uses for sand that could keep this place open?
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Re: YUMA Sand Closing
Sand for concrete is abundant most everywhere..MQT1223 wrote:Is this sand not any good for producing concrete? Seems like home building has been picking back up. Any other uses for sand that could keep this place open?
Re: YUMA Sand Closing
Did Yuma Sand actually close ?
Re: YUMA Sand Closing
Yes, it did. Went by there last week- no hopper cars there, no trucks, tractors, nothing. Though the line of about 30 former MKT cars are in the siding in Boon (about half way between Cadillac and Yuma) yet (for over a year now).Notch 8 wrote:Did Yuma Sand actually close ?
Also, the location has been removed from the Fairmount Santrol website.
CEO of the Waving Institute- teaching great wave forms.