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Why Oklahoma can't turn off its earthquakes

Sunday night's 5.0 magnitude earthquake that hit Cushing, Okla., raises questions over the state's ability to do anything about the significant rise in earthquakes, which has been linked to oil and gas activity.

By Matthew Philips, Bloomberg | Updated on November 08, 2016
This image made from video provided by KFOR-TV shows damage on a street in Cushing, Okla., after an earthquake Sunday, Nov. 6, 2016. A sharp earthquake centered near one of the world's key oil hubs Sunday night triggered fears that the magnitude 5.0 temblor might have damaged key infrastructure in addition to causing what police described as "quite a bit of damage" in the Oklahoma prairie town. (KFOR-TV via AP)

(Bloomberg) – Sunday night’s 5.0 magnitude earthquake that hit Cushing, Okla., is the latest and, in some ways, the most troubling in a series of temblors that has rocked the Sooner State over the past few years.

Not only did it strike within a mile of what is arguably one of the country’s most important strategic assets — Cushing is the largest crude oil trading hub in North America, with almost 60 million barrels of stored crude — but its occurrence raises questions over the state’s ability to do anything about the significant rise in earthquakes, which has been linked to oil and gas activity.

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