Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a lopg period of volatility. It was two months ago. The feds Eric Rosengren reminded everyone markets arent positioned for a rate hike in september and he made a case it
Are not. Fracking is now responsible for half. Current Oil Production in the unitedte sa its aftereffects are also producing earthquakes. That is our cover story today, and Brian Sullivan has more. Reporter these day texas gets most of atten in e oil wor northern rival which may be americas most Promising Oil producer. Areas of oklahoma are considered some of the best and lowestcost oil and gas regions gh the area is hot for a few regions. One, its a relatively new oil and gas place so, two, land prices never really spiraled out of control and, three, to oil people its just got what they call good rock. A lot of oil and gas thats relatively easy and inexpensive to get to. But there may be one big risk to the region that has little to do with money. Earthquakes. Pawnee, oklahoma, recently hit by its biggest ever quake measuring in at 5. 8, the second exceeding 5. 0 this yore and the state has gone from an average of a few a year to more than 100 earthquakes in 2015. Many in the Scientif
Are a force of nature when they are not. Fracking is now responsible for half. Current Oil Production in the unitedte sa its aftereffects are also producing earthquakes. That is our cover story today, and Brian Sullivan has more. Reporter these day texas gets most of atten in e oil wor northern rival which may be americas most Promising Oil producer. Areas of oklahoma are considered some of the best and lowestcost oil and gas right now. The area is hot for a few regions. One, its a relatively new oil and gas place so, two, land prices never really spiraled out of control and, three, to oil people its just got what they call good rock. A lot of oil and gas thats relatively easy and inexpensive to get to. But there may be one big risk to the region that has little to do with money. Earthquakes. Pawnee, oklahoma, recently hit by its biggest ever quake exceeding 5. 0 this yore and the state has gone from an average of a few a year to more than 100 earthquakes in 2015. Many in the Scientifi
And destructive and mostly they are a force of nature when they are not. Fracking is now responsible for half. Current Oil Production in the unitedte sa its aftereffects are also producing earthquakes. That is our cover story today, and Brian Sullivan has more. Reporter these day texas gets most of atten in e oil wor northern rival which may be americas most Promising Oil producer. Areas considered some of the best and lowestcost oil and gas regions right now. The area is hot for a few regions. One, its a relatively new oil and gas place so, two, land prices never really spiraled out of control and, three, to oil people its just got what they call good rock. A lot of oil and gas thats relatively easy and inexpensive to get to. But there may be one big risk to the region that has little to do with money. Earthquakes. Measuring in at 5. 8, the second earthquake in the state exceeding 5. 0 this yore and the state has gone from an average of a few a year to more than 100 earthquakes in 201
Are a force of nature when they are not. Fracking is now responsible for half. Current Oil Production in the unitedte sa its aftereffects are also producing earthquakes. That is our cover story today, and Brian Sullivan has more. Reporter these day texas gets most of atten in e oil wor northern rival which may be americas most Promising Oil producer. Areas of oklahoma are considered some of the best and lowestcost oil and right now. The area is hot for a few regions. One, its a relatively new oil and gas place so, two, land prices never really spiraled out of control and, three, to oil people its just got what they call good rock. A lot of oil and gas thats relatively easy and inexpensive to get to. But there may be one big risk to the region that has little to do with money. Earthquakes. Pawnee, oklahoma, recently hit by its biggest ever quake earthquake in the state exceeding 5. 0 this yore and the state has gone from an average of a few a year to more than 100 earthquakes in 2015. M