Posted on 02/08/2014 11:48:20 AM PST by ckilmer
Of course he is........
Maybe it is causing earthquakes, but they are mostly small earthquakes, which actually relieve pressure that otherwise would have built up and ultimately generated, “The Big One.”
Next, we need an analysis of the stock market by a noted seismologist.
My god!!!
Grantham’s a great investment manager, but he’s on shaky ground here. /S
I think Grantham is “fracked” in the head.
Fracking only goes a few miles deep into the earth’s upper crust.
Earthquakes, even shallow ones, start many miles lower, usually in the 40-60 mile range to several hundred miles below the surface.
He might know about money but he doesn’t know crap about the earth and rocks. I wonder if he is “stoned”.
Touché
The more things change, the more they remain the same.
The comment about peak oil demand is interesting though. That falls within his area of expertise.
Question....do those small earthquakes have the potential to cause pollution of underground water sources? I really don't know anything about this. It's just that it's the unintended consequences of things that are always the most "fun".
Translation: “I’ve got a lot of stocks tied up in oil companies.”
A few more choice words from Grantham: The idea of peak oil demand as opposed to peak oil supply has gone, in my opinion, from being a joke to an idea worth beginning to think about in a single year. Some changes seem to be always around the corner and then at long last they move faster than you expected and you are caught flat-footed
Grantham sells fear.
So fraking in Pennsylvania is causing earthquakes where, in Pacific Ocean near Japan?
Well played, well played.
Investment is related to geophysics in exactly what way?
.
More precisely, they are not causing earthquakes, they are triggering them, by releasing the built up pressure. So you get a few dozen 3s instead of one 4.
Would like to see a graph going back at least 100 years, or more.
I had dinner four weeks ago with the government’s lead expert on this injection and my experience dates back over two decades that basically the method is quite safe.
That being said, the name Evans immediatey came to mind. Suggest study for everyone to consider and learn something: http://geosurvey.state.co.us/hazards/Earthquakes/Documents/ERC/THE%20DENVER%20EARTHQUAKES-HEALY%20AND%20OTHERS%201968.pdf
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