Last week, we wrote about how some last mile customers have started demanding zero or negative margin rates from trucking service providers (see here). Now Permian frac sand suppliers are getting similar requests. In this post we discuss how price gouging at the high and low points of cycles …
Read More »It’s A Good But Tricky Place In The Cycle For Oilfield Service Pricing
Oilfield service pricing moving higher cyclically is a good thing for all our readers (including operators, for current pricing is unsustainable and will destroy capacity in the long run). That said, we stand at a tricky juncture in the cycle for oilfield service company decision makers trying to reset their …
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