Monday, April 13, 2015

Oklahoma earthquakes from fracking are probably man-made, and who will pay for it?

Rivka Galchen has an interesting New Yorker article April 13, 2015, “Weather Underground: The Arrival of Man-Made Earthquakes”, with attention to Oklahoma, here. A lot of the problem seems to come from management of water that comes out with extraction and is put back into the earth.
But who is responsible for damage to homeowners is surely a big political issue. 
Dutchsinse has a lot of videos on this issue.
I lived in Texas in the 1980s, when no one thought about earthquakes.  And a lot of my portfolio was often oil and gas. 

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