Despite what some people say (and whatever their motivation for saying it), is there anyone who seriously doubted there was a connection? Instead of the industries proposed 2% tax they should keep it at 7% and then get hit with an extra tax that goes into a fund to help people repair earthquake related damage.
It's the fault lines. I think it's more than likely caused by the water flow, but they are doing just as many SWD wells in western Oklahoma and not a quake one.
Why should someone take out an insurance policy to repair damage being done as the result of someone elses money-making operation? These aren't 'act of God' earthquakes, these are act of Devon/Sandridge/Continental earthquakes. The companies causing the damage should pay up.
Ah, the jump to conclusion crowd is so sure it is fracking. Many are the same ones who think the government is making up the global warming issue. Tin hats anyone? Who needs real scientific evidence when an opinion is so easy to come by.
Ever stop to think that years of continued severe drought and shrinking water tables might have something to do with it? Maybe the fact that we have always been on a major fault line in this area has something to do with the fact we have some quakes. Who knows why right now? Reading a few magazine articles hardly makes any of us experts at analyzing the causes.
Even with a policy if the bricks fall off your house your policy won't cover that type of damage.
We are on a major fault line in some parts of the state. I don't think anyone is drawing a straight line from fracking to earthquakes.
But, there could be a correlation. Where there are no fault lines, fracking won't create earthquakes on it's own.
Where there are fault lines, some activities related to fracking can have a contributing factor. The sudden increase in quakes may
be more of a result of horizontal drilling, which seems more and more prevalent, than just injection wells by themselves.
I'd be leery about the combination of horizontal drilling and fracking in areas with known fault lines and seismic instability. Why risk it?
If it ever triggers the New Madrid Fault that would put a dent in their profits.
Interesting that the hosts of Flashpoint last Sunday didn't question the CEO of Devon about what he thought of the earthquakes as it relates to his company. Instead, he wanted to get across that the tax rate for vertical drillers should be dropped from 7% to 2%, while the rate for horizontal drillers should only be raised from 1 to 2%. He claims Oklahoma oil wells can only produce several hundred barrels a day, while the oil wells in western TX and ND produce thousands of barrels. So if the tax on horizontal drilling was raised to 7% oil field operators would flee to those two states.
Article after article on this has absolutely no facts behind it and no decision has been made. When see that the majority of article on written about this issue are biased, suddenly the big, bad oil companies aren't the only ones with an 'agenda'. We are experiencing minor tremors like they have in California, WHO THE HELL CARES!
The only damage that is being caused are to structures that are ancient and haven't been kept up or buildings that were half-assed. I haven't had any damage and I don't anyone who has(I know quite a bit of people). If these small earthquakes are the only side effect to fracking, I say keep going at it. I don't mind them at all.
My money is on the New Madrid fault line coming back life or at least trying to. Just because all of the sudden we started having earthquakes doesn't mean it is related to fracking. A fault line doesn't have to slowly start having more and more earthquakes for it to be natural. Not saying it isn't fracking, but lets 100% of our facts and studies together before we jump to any conclusions.
Data from the USGS shows that one to three 3.0-magnitude earthquakes or larger occurred annually from 1975 to 2008. But that number grew to around 40 earthquakes per year from 2009 to 2013. In 2008 the oil and gas industry successfully lobbied for the use of a new style of horizontal drilling and were granted an exemption from the clean water act that allowed them to dispose of of waste water generated through injection. There are 1 to 5 millions of gallons of waste water generated per each well.
A timelapse of Oklahoma earthquakes | News OK
Not including the 3.0 and larger there have been 2500 earthquakes since 2008.
Yeah, that sh*t is normal, keep on telling yourself that. I dont know why some people enjoy being ignorant.
You willing to come up with10-30 percent of the value of your home for the deductable that also rejects man-made disasters?
Did you even read the articles?
I direct qouted the Oklahoman and usgs. Durrr..
I qouted the article,told you where I got the info, supplied you with the link, and an interactive map to view the earthquake timeline. I mean I can't really do much else for you besides come to your house and read it to you and tell you about this new program called Google.
http://earthquake.usgs.gov/earthquak...seismicity.php
But somehow I know that even by doing all of that for you, you would turn right back around and say usgs, the Oklahoman, and even Google searching earthquake activity doesn't make you believe it. So just put back on your hat and our conversation can end here.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks