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7 million Americans at risk of man-made earthquakes, USGS says

2016-03-29 01:09:56| Oil & Gas - Topix.net

Earthquakes are a natural hazard -- except when they're man-made. The oil and gas industry has aggressively adopted the technique known as hydraulic fracturing, or fracking, to shatter subsurface shale rock and liberate the oil and gas lurking there.

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Colorado considers bill to make it easier to sue Big Oil over fracking earthquakes

2016-03-18 23:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: If you were under the impression that ordinary people couldnt do much to hold Big Oil companies directly accountable for the environmental havoc they wreak, you definitely weren`t alone. But, if a bill currently making its way through Colorados state legislature becomes reality, Coloradans harmed by quakes linked to the fracking boom may be able to sue frackers. The bill, HB16-1310, would hold companies liable for physical injuries and damage to property caused by the recent spate of unusual...

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Oklahoma Earthquakes: Devon, Chesapeake, SandRidge, Midstates May See Reduced Oil From The Miss Lime

2016-03-11 03:52:24| Logistics - Topix.net

Important Note: This article is not an investment recommendation and should not to be relied upon when making investment decisions - investors should conduct their own comprehensive research. Please read the disclaimer at the end of this article.

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Oklahoma Earthquakes Continue To Haunt the Oil and Gas Industry

2016-03-07 14:53:05| Oil & Gas - Topix.net

The fracking industry got another shot of bad news on March 4, when Oklahoma regulators leaked word that a clampdown on oil and gas wastewater disposal would begin soon. The new actions are the latest attempt to quell a spate of earthquake activity in the state , which has been linked to the practice of injecting massive quantities of fracking wastewater deep underground, in addition to wastewater from conventional drilling sites.

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Earthquakes linked to shale gas exploration cause house prices fall

2016-03-03 06:52:00| Climate Ark Climate Change & Global Warming Newsfeed

PhysOrg: Fear of fracking can have negative effects on the UK housing market around shale gas sites, economic researchers have warned. The research team, from the University of Bristol, the London School of Economics and Duke University in North Carolina, carried out a study that found licensing and exploration had minimal impacts on house prices. However, two highly publicised minor earthquakes linked to exploratory fracking near Blackpool in 2011 caused a three to four per cent reduction in house prices...

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