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Originally Posted by Sandtrap328
The USA Today reported today that Kansas and Oklahoma had a series of earthquakes yesterday. It turns out the most probablr cause of the earthquakes there is the fracking in the area. Is fracking worth the earthquake damages?
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Wherever there's a fault line, tension builds up gradually over many years. If the tension is released sooner rather than later the earthquake magnitude will be less. If fracking is releasing this built up tension sooner, with the result being small to moderate earthquakes, it's better than waiting for a bigger one to happen on its own.
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Also, with the cheaper foreign oil,being sold to the US, will the Texas and Louisiana refiners be willing to process the tar sands into gasoline at a lower price than the foreign oil?
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We will just have to wait and see. Lots of things can happen to raise the price of oil and it often comes as a surprise