Show-me Account Talk

[nnuut]

Watched Margin Call the other night, I told the Wife it was about Lehman Brothers. She poped right back and said "who are they".:laugh:

 

[Show-me]

How fracking caused an Ohio earthquake
The 4.0 Ohio earthquake this weekend was a reminder that hydraulic fracturing, or 'fracking,' can cause seismic faults to shift if not disposed of carefully.

http://www.csmonitor.com/Science/2012/0102/How-fracking-caused-an-Ohio-earthquake

Ohio quakes linked to oil-drilling waste pumped into wells

http://content.usatoday.com/communi...l-drilling-waste-pumped-in-wells/1?csp=34news

 

[nnuut]

Could this method be used to relieve the pressure and prevent "THE BIG ONE"? They claim that having a lot of small earthquakes is good and lowers the chances of having a catastrophic earthquake.
Maybe NOT?:suspicious:

Small earthquakes keep big ones from happening. Each magnitude level represents about 31.6 times more energy released. It takes 32 magnitude 3s to equal the energy released in a magnitude 4, 1,000 magnitude 3s to equal a magnitude 5 … and a billion magnitude 3s to equal a single magnitude 9. So while a small quake may temporarily ease stress on a fault line, it does not prevent a large temblor.

http://www.consrv.ca.gov/index/Earthquakes/Pages/qh_earthquakes_myths.aspx

 

[Nordic]

How fracking caused an Ohio earthquake
The 4.0 Ohio earthquake this weekend was a reminder that hydraulic fracturing, or 'fracking,' can cause seismic faults to shift if not disposed of carefully.

http://www.csmonitor.com/Science/2012/0102/How-fracking-caused-an-Ohio-earthquake

Ohio quakes linked to oil-drilling waste pumped into wells

http://content.usatoday.com/communi...l-drilling-waste-pumped-in-wells/1?csp=34news

This is becoming a more serious problem. I listened to a radio program that discussed a similar situation in Oklahoma I believe. Folks' homes are being shaken and damaged in these quakes near fracking fields. Not good.

 

[tsptalk]

Watched Margin Call the other night, I told the Wife it was about Lehman Brothers. She poped right back and said "who are they".:laugh:

Groucho, Chico, Harpo, and Zeppo.... Oh wait. Wrong family.

 

[Buster]

Did Fracking Cause Oklahoma's Largest Recorded Earthquake?
​

Probably not, as the gas drilling practice tends to be associated with minor quakes, not big ones, seismologists say

The biggest earthquake ever recorded in Oklahoma struck on November 5, a magnitude 5.6 temblor that buckled a highway and ruptured water pipes. This quake is part of a skyrocketing rise in seismic activity the state has seen in the past three years, leading many to wonder—and worry—about its cause. Might the practice of fracking, a controversial method of fracturing rock to help get at fossil fuels, be to blame?*

The earthquake struck around 10 P.M. local time about 50 kilometers east of Oklahoma City, and was felt from Saint Louis to Dallas. Until then, the state's largest temblor was a magnitude 5.5 event near the town of El Reno in 1952.

These all apparently happened on the well-mapped Wilzetta Fault. "It seems the east side of the fault moved a bit southward," says seismologist Randy Keller, director of the Oklahoma Geological Survey (OGS).

Still, researchers say it seems unlikely that fracking had anything to do with last weekend's magnitude 5.6 quake. "There was a lot of deformation of the Earth here 300 million years ago that created huge geological structures in the subsurface that shift from time to time," Keller says. "We have an unstable situation here, and it's one reason why oil and gas is available here in the first place."

http://www.scientificamerican.com/a...g-cause-oklahomas-largest-recorded-earthquake

 

[Show-me]

They always say there is not problem until..............there's a huge problem. First thing that comes to mind is the Gulf oil spill and all of the spin.

 

[nasa1974]

How fracking caused an Ohio earthquake
The 4.0 Ohio earthquake this weekend was a reminder that hydraulic fracturing, or 'fracking,' can cause seismic faults to shift if not disposed of carefully.

http://www.csmonitor.com/Science/2012/0102/How-fracking-caused-an-Ohio-earthquake

Ohio quakes linked to oil-drilling waste pumped into wells

http://content.usatoday.com/communi...l-drilling-waste-pumped-in-wells/1?csp=34news

The local stations are all over this.

 

[Birchtree]

It won't be long before wind farms will be causing tornadoes - progressives are so simple.

 

[Khotso]

It won't be long before wind farms will be causing tornadoes - progressives are so simple.

And conservatives are so complex!:nuts:

 

[nnuut]

PROGRESSIVES
Notional Anthem
http://www.youtube.com/watch?v=JbLQI-OER9U​

 

[Buster]

They always say there is not problem until..............there's a huge problem. First thing that comes to mind is the Gulf oil spill and all of the spin.

I have to disagree…apples and oranges...The BP thing was a calamity of HUMAN errors...Earthquakes are natural geological events and MAN is not big enough to move tectonic plates to cause such an event...I find it hard to believe that USGS can be bought off to say that fracking doesn't cause major Earthquakes..

Still, researchers say it seems unlikely that fracking had anything to do with last weekend's magnitude 5.6 quake. "There was a lot of deformation of the Earth here 300 million years ago that created huge geological structures in the subsurface that shift from time to time,"

Now mass bird deaths causing earthquakes..well, that is entirely possible

 

[nasa1974]

I have to disagree…apples and oranges...The BP thing was a calamity of HUMAN errors...Earthquakes are natural geological events and MAN is not big enough to move tectonic plates to cause such an event...I find it hard to believe that USGS can be bought off to say that fracking doesn't cause major Earthquakes..

Earthquakes are natural geological events where geologic faults are located, yes. Ohio is not known for any major fault lines and is a pretty stable area with very few quakes. But the area that they are fracking, have had an unusual number of 4.0 quakes recently. How does one explain this event?

I have to disagree…apples and oranges... Now mass bird deaths causing earthquakes..well, that is entirely possible

Only if they all hit in the exact same spot at the exact same time at the exact same speed.

 

[Buster]

Earthquakes are natural geological events where geologic faults are located, yes.. How does one explain this event?

In a word?.."Coincidence"
Take a look here at the location of the recent 4.0

Now look at the seismic hot spots for Ohio....Notice the Northeast section around Youngstown; So yes, there is Seismic fault zones in that area.

Was there such a thing as FRACKING in 1986?

Northeast Ohio
1986 01 31 16:46:42.3 UTC
Magnitude 5.0
Intensity VI

• Isoseismal Map

This earthquake caused minor property damage in several towns in northeast Ohio and northwest Pennsylvania; 17 people were injured in the epicentral area.
Most of the damage to houses and commercial buildings occurred in Ashtabula, Geauga, Lake, Trumbull, and Wood Counties in Ohio and Crawford and Erie Counties in Pennsylvania. It mainly included fallen ceilings and plaster; cracked chimneys, foundations, and brick walls; and broken windows and underground pipes. Changes in the flow of water were observed in more that a dozen wells in Lake and Geauga Counties, east of Cleveland. The changes included variations (starting, stopping) in the flow of water and sediment deposits in water. In Leroy Township, a small pond was formed from the flow of a new artesian well. Another artesian well suddenly began feeding water to an old water trough.
Over the next 2 months, 13 aftershocks of magnitude 0.5 to 2.4 were recorded on the area, and 13 more aftershocks of about magnitude 1.0 were detected through April 15, 1987. The main earthquake was felt over a large area of the Eastern United States, covering all or parts of eight States (Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, West Virginia) and Ontario, Canada. It also was reported by people on the top floors of multistory buildings in Delaware, Maryland, New Jersey, Virginia, and Wisconsin, as well as Washington, D.C.

 

[Show-me]

Only time will tell so full speed ahead!

 

[Buster]

SM..I apologize for treading in your Thread...I ain't saying your facts or speculation of Fracking being the cause of the Earthquake in Ohio is not possible..just that it may also be mother nature doing her thing..

Peace bro

 

[Show-me]

Not a problem.

 

[Show-me]

Waiting for a strong higher high on the $SPX, $EMW, $FTSE, and $DAX. $USD or UUP has to break down, IMO, in order for that to happen. This is looking more like a false break out or head fake because we are currently retracing back to the trend lines or former resistance lines. ADP is on deck this morning but I don't give it a lot of weight.

Been working out every morning at our new Salvation Army Kroc Center. God Bless the Kroc family, they gave our community a wonderful and generous gift.

 

[Show-me]

I like the charts today, they are starting to shape up and earnings season is right around the corner. Alcoa is a bummer tonight as they reported they are cutting their smelting capacity by 12% to compensate for a crappy economy. Let's remember we are still in a declining 200 sma and the whole EuroZone BS is going to continue to torpedo us with every news blurb. If we have a run I would guess it will be a short one but I will be cautious.

ADP came in hot but seasonality can cause a major glitch in their system this time of year, but low jobless claims helped their data. Again seasonality is at play here. Soooo, if I make a play and I plan to, I will have my hand on the eject ring. My goal is 2.5% but if it looks like it is going to run I can ladder out.

I have two trades to burn this month, WHOOOOHOOOO, so I will probably step in 30% to 40% into the S fund if tomorrow feels good.

Chart stuff here. http://www.tsptalk.com/mb/showthread.php?3296-Chart-Analysis&p=343272#post343272

 

[Show-me]

I half way expect a small pull back today because it is jobs report FRIDAY. I'm sitting at 10/10 C/S right now and I think I will go 60 S today leaving 40% to ladder in if we do go a little lower on Monday.