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Analysis-Earthquakes and blowouts undermine case for carbon storage in Texas

The article from AOL News discusses how recent seismic activities and oil well blowouts in Oklahoma are challenging the oil and gas industry's argument that fracking does not cause earthquakes. It highlights a significant incident where a blowout at a well in Canadian County, Oklahoma, led to a 5.7 magnitude earthquake, the state's largest in 2021. This event, along with others, has led to increased scrutiny and regulatory actions, including the Oklahoma Corporation Commission ordering the closure of some injection wells. The article also notes that while the industry often claims that induced seismicity is manageable, the frequency and intensity of these earthquakes suggest otherwise, undermining the industry's assurances about the safety and environmental impact of their operations. Furthermore, it points out the economic implications, with damages from these quakes costing millions, and the potential for stricter regulations or even bans on certain drilling practices if the situation does not improve.

Read the Full AOL Article at:
[ https://www.aol.com/news/analysis-earthquakes-blowouts-undermine-case-110718973.html ]