American Water Looks to Expand Fracking Services
American Water Works is in talks about providing more services to fracking companies, Bloomberg reports.
The news agency says the water utility’s CEO Susan Story is in discussions with energy producers about treating and reusing frack water that would otherwise be disposed of. Story didn’t name the oil and gas companies involved in the talks.
Water treatment and recycling will continue to be growth areas for the industry as fracking companies may encounter intense competition for water — 38 percent of the world’s shale resources are either under extremely high water stress or facing arid conditions — according to a September report by the World Resources Institute.
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