Thread: Oil Slick Stuff

It's more than just settling..it is very UN-Settling

2009–17 Oklahoma earthquake swarms

CAUSE:
Researchers have correlated the increase in earthquakes in central and north-central Oklahoma to injection disposal of produced water from two actively drilled stratigraphic intervals: the Mississippi Lime play, in north-central Oklahoma and extending into Kansas, which uses hydraulic fracturing; and the Hunton dewatering play, in central Oklahoma, which does not use hydraulic fracturing.[58] Both Mississippi Lime and Hunton plays produce large volumes of produced water; frac flowback makes up less than 5 percent of the injected wastewater.[59] More than 70 percent of the produced water from both plays is disposed through permitted Class II injection wells into the Arbuckle Group where it rests on Precambrian basement. The increase in pore pressure can release pre-existing stresses along faults in the basement rock.[60]

Between 2011 and 2014, the percentage of earthquakes spatiotemporally associated with injection wells has increased sharply by 87%.[61] A study of historic earthquakes has concluded that "much of the earthquake activity in the 1950s and 1980–1990s was induced" by injection of wastewater in deep disposal wells and the cluster of activity since 2009 is not consistent with the natural rate of fluctuations seen in the past.[

What about those nasty farmers pumping water out of the ground to grow food, stop them quick before we all die.



Mysterious, Giant Half-Mile-Long Crack Splits Ground In Mexico | The Huffington Post

Mostly they are peanut farmers...

E10 averaging $2.00 a gallon in Boiled Peanut GA!!

Averaging $1.95 around here.

Originally Posted by nasa1974

Averaging $1.95 around hear.

In Ohio? Must be that new pipeline Trump is installing.

Originally Posted by nnuut

In Ohio? Must be that new pipeline Trump is installing.

LOL

Originally Posted by nnuut

What about those nasty farmers pumping water out of the ground to grow food, stop them quick before we all die.



Mysterious, Giant Half-Mile-Long Crack Splits Ground In Mexico | The Huffington Post

That must be the tunnel track underneath where that new Trump wall is going to go. The Mexicans already dug the tunnel.


Sent from my iPhone using TSP Talk Forums

Must be that Wacko Tobacco?

US Boosts Monthly Rate Of Oil Rig Additions To Most Since 2012

by Reuters
|
Friday, February 10, 2017

Feb 10 (Reuters) - U.S. energy companies accelerated the rate of growth in oil rigs added over the past four weeks by the most since 2012 as drillers take advantage of a rise in crude prices since OPEC agreed to cut supplies in late November.
Drillers added eight oil rigs in the week to Feb. 10, bringing the total count up to 591, the most since October 2015, energy services firm Baker Hughes Inc said on Friday.
During the same week a year ago, there were 439 active oil rigs.
The average rate of rig additions over the past four weeks increased to 17, its highest rate of growth since February 2012, Baker Hughes data showed.
Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 275 oil rigs in 33 of the past 37 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid 2014.
Baker Hughes oil rig count plunged from a record 1,609 in October 2014 to a six-year low of 316 in May as U.S. crude collapsed from over $107 a barrel in June 2014 to near $26 in February 2016.
U.S. crude futures traded around $54 a barrel on Friday, putting the contract on track for an eight week of gains in the last nine, as the Organization of the Petroleum Exporting Countries (OPEC) and other producers cut production in an effort to end a global oil glut and raise prices. [more]

http://www.rigzone.com/news/oil_gas/...ost_Since_2012

So that's why gas jumped to $2.19/gallon yesterday. ;swear