Induced earthquakes and housing markets: Evidence from Oklahoma

Cheung, Ron; Wetherell, Daniel; Whitaker, Stephan D.

doi:10.1016/j.regsciurbeco.2018.01.004

Cited by 34 publications

(14 citation statements)

References 32 publications

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“…Further, there may be less immediately visible impacts to local populations, including decreased housing prices (Cheung et al 2018) as well as positive correlations of earthquake rates with vehicular collisions (Casey et al 2019) and Google searches related to anxiety (Casey et al 2018). Thus, it is critical to understand the occurrence of moderate induced earthquake sequences with the hope of better forecasting future events.…”

Section: Discussionmentioning

confidence: 99%

Activation of optimally and unfavourably oriented faults in a uniform local stress field during the 2011 Prague, Oklahoma, sequence

Cochran

Skoumal

McPhillips

et al. 2020

Geophysical Journal International

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SUMMARY The orientations of faults activated relative to the local principal stress directions can provide insights into the role of pore pressure changes in induced earthquake sequences. Here, we examine the 2011 M 5.7 Prague earthquake sequence that was induced by nearby wastewater disposal. We estimate the local principal compressive stress direction near the rupture as inferred from shear wave splitting measurements at spatial resolutions as small as 750 m. We find that the dominant azimuth observed is parallel to previous estimates of the regional compressive stress with some secondary azimuths oriented subparallel to the strike of the major fault structures. From an extended catalogue, we map ten distinct fault segments activated during the sequence that exhibit a wide array of orientations. We assess whether the five near-vertical fault planes are optimally oriented to fail in the determined stress field. We find that only two of the fault planes, including the M 5.7 main shock fault, are optimally oriented. Both the M 4.8 foreshock and M 4.8 aftershock occur on fault planes that deviate 20–29° from the optimal orientation for slip. Our results confirm that induced event sequences can occur on faults not optimally oriented for failure in the local stress field. The results suggest elevated pore fluid pressures likely induced failure along several of the faults activated in the 2011 Prague sequence.

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Section: Discussionmentioning

confidence: 99%

Activation of optimally and unfavourably oriented faults in a uniform local stress field during the 2011 Prague, Oklahoma, sequence

Cochran

Skoumal

McPhillips

et al. 2020

Geophysical Journal International

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“… 22 The value of homes in Oklahoma—where builders have not constructed earthquake-resistant structures—appears to drop after moderate earthquakes. 60 , 61 Governor Mary Fallin has also twice declared a state of emergency after earthquakes in 2016. 62 These events may result in concerns about safety and economic loss perhaps causing, in turn, the anxiety gauged by Google searches.…”

Section: Discussionmentioning

confidence: 99%

Association between Oklahoma earthquakes and anxiety-related Google search episodes

Casey

Goldman‐Mellor

Catalano

2018

Environmental Epidemiology

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“…The implication is that the oil and gas boom on average had positive net effects on state labor markets and much of the effect was through income spillovers to other industries. Of course, oil and gas development involves numerous environmental concerns, both locally and globally, which may lower welfare (Cheung et al, 2018; Court et al, 2017; Maguire & Winters, 2017; Muehlenbachs et al, 2015; Stephens & Weinstein, 2019; Stern, 2008). Increased oil and gas production is also likely to lower energy prices and increase welfare for energy users (Hausman & Kellogg, 2015).…”

Section: Introductionmentioning

confidence: 99%

Causal effects of the fracking boom on long‐term resident workers

Winters

Cai

Maguire

et al. 2020

Journal of Regional Science

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Horizontal drilling innovations revolutionized the U.S. oil and gas industry and facilitated a boom in production in the mid‐2000s in regions with shale and tight‐sands reservoirs. This paper examines the effects of the boom on individual employment and earnings within boom states. We account for endogenous migration decisions by using a novel instrument for oil and gas production in workers' state of residence. We find statistically significant and economically meaningful positive effects of the oil and gas boom for long‐term resident workers, those who were born in and reside in their home state.

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Induced earthquakes and housing markets: Evidence from Oklahoma

Cited by 34 publications

References 32 publications

Activation of optimally and unfavourably oriented faults in a uniform local stress field during the 2011 Prague, Oklahoma, sequence

Activation of optimally and unfavourably oriented faults in a uniform local stress field during the 2011 Prague, Oklahoma, sequence

Association between Oklahoma earthquakes and anxiety-related Google search episodes

Causal effects of the fracking boom on long‐term resident workers

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