Clearly the oil and gas companies are over-regulated...(need that sarcasm font)
Meanwhile in my (ashamed to say it) home state of Oklahoma:
Oklahoma surpassed California last year as the earthquake capital of the lower 48 states and will likely beat the Golden State in 2015. Nearly 700 earthquakes of magnitude 3.0 or greater have rocked Oklahoma this year, a more than 300-fold leap from the start of the drilling boom in 2008. Insurance claims are rising as foundations crack and bricks crumble, while geologists are warning of the unknown long-term effects of continuously rattling an entire state and pumping it full of wastewater.
http://www.ibtimes.com/oklahoma-earthquakes-2015-tremors-rise-oklahoma-officials-struggle-stem-fracking-2138124
We should remove the burden of regulation and let the free market take over- after all, I am sure these companies have our best interests in their heart...
And all those scientists proving the connection between fracking and earthquakes must be part of some inexplicable conspiracy- just like global warming....
Despite Oklahoma’s insistent shaking, state officials for years expressed skepticism that the earthquakes could be linked to the dramatic climb in underground wastewater disposal. The Oklahoma Geological Survey, part of the University of Oklahoma, resisted making definitive statements about the cause of quakes, and often implied the tremors were natural. The Oklahoma Independent Petroleum Association, an industry group that works closely with regulators, insisted more research was needed to prove a correlation.
Energy companies have said that disposing of wastewater is central to their operations, and that any effort to halt or significantly curb injections would bring their oil drilling and fracking operations to a halt. Continental Resources, one of Oklahoma’s largest oil and gas companies, pioneered the technology to draw water from aging wells.
Recent investigations by Bloomberg, EnergyWire and other media outlets suggested the energy industry steadily pressured scientists in Oklahoma to slow their research on earthquakes and injection wells, or at least keep their findings from the public. Emails obtained by the outlets through public-records requests implied that Continental in particular played a role in fostering confusion among agencies and the public.
In one instance, Austin Holland, then the state’s seismologist, was reportedly summoned in 2013 to a meeting with Harold Hamm, Continental’s influential founder, and David Boren, president of the University of Oklahoma and a Continental board member.
Holland and his colleagues were inching closer to linking quakes to wastewater injections. During the meeting, Hamm requested that Holland be cautious when publicly discussing his research. “It was just a little bit intimidating,” Holland, who has since left the job, told Bloomberg this spring.
