Tag: Oklahoma Earthquakes
US news brief July 14: Growing Chinese crude oil demand hurts Asian storage sector
Also in this brief: Earthquake strikes near Cushing oil storage hub, Halcón pivots to Permian with $1.4 billion Bakken deal On Friday, Reuters reported that some Southeast Asia energy traders are cutting their use of storage tanks as short-term demand for oil products increases. Three traders said they have reduced the amount of oil stored in tanks […]
Scientists agree fracking can cause earthquakes, but how is still a mystery
Fracking, earthquake link being studied A record-breaking earthquake this week in the middle of an Alberta oilfield heavily subject to hydraulic fracking is one of a growing number of such events across the continent, scientists say. But while the amount of research on “induced seismic activity” is growing, the link between fracking and quaking is […]
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