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I get you stated a fact. But we all know it's a dog whistle. "As a result of the magnitude 5.6 earthquake on November 5, 2011, an estimated one million dollar

I get you stated a fact. But we all know it's a dog whistle. "As a result of the magnitude 5.6 earthquake on November 5, 2011, an estimated one million dollars in damage occurred in and around the Prague area.[51] So far, there has not been a significant amount of damage reported from other earthquakes" Most industries cost the community 1 million $ (assuming this particular earthquake was even due to fracking) This is why they pay tax. You're not in a movie, fracking is not going to cause some sort of earthquake catastrophe. Ever company that uses trucks could and does kill people.

morsch 11y ago
Industries don't pay taxes to make up for otherwise unaccounted for externalities such as environmental damage. The most succinct and mostly neutral answer to why they pay taxes is: the same reason everybody else does.
Outdoorsman 11y ago
>>You're not in a movie, fracking is not going to cause some sort of earthquake catastrophe.<< I have in-laws that live north of Edmond OK and the almost daily tremors and quakes there have changed their lives to a certain degree... My father-in-law goes out to check the brickwork on his house on a regular basis now, paying special attention to his chimney...things occasionally rattle off shelves and fall to the floor... Injection well frequencies and volumes have now been reduced or entirely curtailed in certain areas of the state... So, maybe life does indeed seem a bit surreal if you live in an affected area... Drilling, fracking, and the use of injection wells to dispose of waste-water have apparently led to Oklahoma becoming as quake-prone as California... The USGS quoted in a NY Times article: http://www.nytimes.com/2016/03/29/us/earthquake-risk-in-oklahoma-and-kansas-comparable-to-california.html?_r=0 http://www.nytimes.com/2016/03/29/us/earthquake-risk-in-okla...
clumsysmurf 11y ago
> You're not in a movie, fracking is not going to cause some sort of earthquake catastrophe. Actually, its even worse than a movie: "New Concern Over Quakes in Oklahoma Near a Hub of U.S. Oil" http://www.nytimes.com/2015/10/15/us/new-concern-over-quakes-in-oklahoma-near-a-hub-of-us-oil.html?_r=0 http://www.nytimes.com/2015/10/15/us/new-concern-over-quakes...

morsch 11y ago

Industries don't pay taxes to make up for otherwise unaccounted for externalities such as environmental damage. The most succinct and mostly neutral answer to why they pay taxes is: the same reason everybody else does.

Outdoorsman 11y ago

>>You're not in a movie, fracking is not going to cause some sort of earthquake catastrophe.<< I have in-laws that live north of Edmond OK and the almost daily tremors and quakes there have changed their lives to a certain degree... My father-in-law goes out to check the brickwork on his house on a regular basis now, paying special attention to his chimney...things occasionally rattle off shelves and fall to the floor... Injection well frequencies and volumes have now been reduced or entirely curtailed in certain areas of the state... So, maybe life does indeed seem a bit surreal if you live in an affected area... Drilling, fracking, and the use of injection wells to dispose of waste-water have apparently led to Oklahoma becoming as quake-prone as California... The USGS quoted in a NY Times article: http://www.nytimes.com/2016/03/29/us/earthquake-risk-in-oklahoma-and-kansas-comparable-to-california.html?_r=0 http://www.nytimes.com/2016/03/29/us/earthquake-risk-in-okla...

clumsysmurf 11y ago

> You're not in a movie, fracking is not going to cause some sort of earthquake catastrophe. Actually, its even worse than a movie: "New Concern Over Quakes in Oklahoma Near a Hub of U.S. Oil" http://www.nytimes.com/2015/10/15/us/new-concern-over-quakes-in-oklahoma-near-a-hub-of-us-oil.html?_r=0 http://www.nytimes.com/2015/10/15/us/new-concern-over-quakes...