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US bank Wells Fargo fined $185m for opening illegal accounts

2016-09-08 20:19:25| BBC News | Business | UK Edition

The biggest bank in the US - Wells Fargo - has been fined $185m for illegally opening accounts to boost sales targets.

Oklahoma earthquake: 37 wells ordered to shut down after scientists' warning

2016-09-05 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: A magnitude 5.6 earthquake in Oklahoma has brought fresh attention to the practice of disposing oil and gas field wastewater deep underground. The United States Geological Survey said the quake happened at 7.02am on Saturday, in north-central Oklahoma, on the fringe of an area where regulators had stepped in to limit wastewater disposal. The shallow quake struck nine miles northwest of Pawnee, where there were no immediate reports of injuries. Damage in the town appeared to be minor. An...

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Oklahoma Shuts Down Wells In the Wake of the Quake

2016-09-04 17:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Gizmodo: Oklahoma was hit with an earthquake yesterday, its second 5.0+ quake this year. The increased number of earthquakes have been linked to the use of hydraulic fracturing, or fracking-specifically the underground disposal wells where the run off from fracking is stored. The Oklahoma Corporation Commission has taken note of the relationship between the quakes and the wells and has ordered the shutdown of 35 disposal wells. "This is a mandatory directive," Oklahoma governor Mary Fallin told CNN. In...

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