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Monday, November 7, 2016

Earthquake strikes Cushing, Oklahoma

Over the weekend, a 5.0 Moment Magnitude quake hit Oklahoma and originated just outside the town of Cushing, Oklahoma. Cushing is a key storage facility for commercial crude oil and is the destination terminus for many oil pipelines. Any effect on this storage facility impacts crude prices worldwide. This time, however, the damage appeared to be minimal.

https://www.npr.org/sections/thetwo-way/2016/11/07/500998673/earthquake-shakes-oklahoma-oil-storage-hub