ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Direct Indexing
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Multifactor
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Index Insights
  2. Monday Mailbag: I Feel the Earth Move Under My Feet
Index Insights
Share

Monday Mailbag: I Feel the Earth Move Under My Feet

Karyl PatredisApr 13, 2015
2015-04-13

Texas has experienced nine earthquakes in the past month. Is this because of fracking?

It’s no secret that watching the nightly news can make you paranoid. However, as earthquakes continue to shake the Texas ground, one can’t help but wonder if hydraulic fracturing or “fracking” could have something to do with it. Especially since, according to a January 8th episode of NBC’s flagship news program, “Not a single earthquake was recorded in North Texas before 2008, now there have been 127.”

I wanted to verify this myself. The Texas Almanac, “the source for all things Texan since 1857,” notes that there were no significant earthquakes for 10 years before April 2008. Additionally, the almanac confirms that North Texas earthquakes were nonexistent before this time.

With the meaningful economic benefits associated with hydraulic fracturing, communities like Cleburne, Texas seem to have little desire to halt drilling. Mayor Ted Reynolds explains that fracking technology allowed Cleburne, perched on the southeast side of the Barnett Shale, to “escape the worst part of the recession” and it helps them to “keep tax rates low” and have “lowered unemployment.”

This sentiment is not echoed throughout the Barnett, however. In the November 2014 elections, 59% of voters in Denton County approved a fracking ban in the area. The Texas Oil & Gas Association is currently challenging the ban on constitutional grounds. Interestingly, the Denton Drilling Awareness Group, which encourages residents to “defend the ban” against fracking, does not list man-made earthquakes as one of its 10 Reasons to Ban Fracking in Denton.

According to researchers working with Cornell University, “proving an earthquake has been triggered by human activity is difficult.”  The reason for this is that natural stress must already be in place for an earthquake to occur. The researchers explain that proving induced seismicity “requires showing that the stress change caused by humans is sufficiently large, in the right direction, and at the right time to have caused the earthquake.” While it is tough to prove with certainty that fracking is to blame for a given earthquake, the US Geological Survey (USGS) contends that “the injection of wastewater into the subsurface can cause earthquakes.” The good news for those avid nightly news viewers: the USGS assures us that earthquakes likely induced by fracking “are almost always too small to be a safety concern.”

With all the recent earthquake chatter and the numerous questions we’ve received from investors about fracking being the cause behind the rumbles, we decided to explore this issue a bit further. However, while we’re happy to answer questions about it, and how it impacts the energy industry, keep in mind that MLPs themselves aren’t directly involved in fracking.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Sep 29

A Fixed Income Primer for Constructing Portfolios

Sep 29

Main Management Market Note: September 29, 2023

Sep 29

Higher for Much Longer?

Sep 29

Moving Averages: S&P Ends September Down 4.9%

Sep 29

This Week in ETFs: FormulaFolios Renamed & Adds New Funds

Sep 29

Play Online Car Sales News in These 2 China ETFs

Sep 29

SEC Opens Ethereum Futures ETF Floodgates

Sep 29

VettaFi Voices On: Managing Risk in an Uncertain Economy

Sep 29

SPYI Outperforms SPY in Challenging 3rd Quarter

Sep 29

More Rate Hikes? Watch Treasury ETF USFR

QQQ

Invesco QQQ Trust Series I

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

JEPI

JPMorgan Equity Premium...

TLT

iShares 20+ Year Treasury...

SCHD

Schwab US Dividend Equity ETF...

SMH

VanEck Semiconductor ETF

VGT

Vanguard Information...

VTI

Vanguard Total Stock Market...

XLK

Technology Select Sector SPDR...

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X