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This Week’s Market Buzz

•    U.S. oil production surpassed 12 million barrels a day in April, further extending the nation's record output during the fracking boom, the U.S. Energy Information Administration reported.

•    Democratic Gov. Tony Evers vetoed a provision that would have banned local governments in Wisconsin from regulating quarries, which many said would have taken away local control over frac sand mines.

•    Superior Silica Sands said the company is not onboard with the idea of two rail companies – Union Pacific and Canadian National – connecting their lines in Barron County, Wis. They said the result would be a depressed market and would likely lead to loss of jobs, elimination of one or more local frac sand facilities and a substantial direct impact to the local economy.