To be upfront, I'm not a geologist, so I'm sure my viewpoint is simplistic and probably inaccurate. That said, why are all these small earthquakes bad? The high pressure production water being pumped into these disposal wells exerts lots of force, but I assume this force is miniscule compared to the stresses already occurring underground. Maybe this water is hastening the release of these stresses, allowing the structure to settle into a more stable arrangement. What's the likelihood of these disposal wells causing a large, damaging quake?
I'm more worried about the product water itself. Is anyone monitoring or controlling what we are pumping into the ground? I know that many of the chemicals and solutions used in the fracking process are proprietary, are not divulged willingly, but are toxic. Who can say what effects this stuff will have?
***As an interesting sidenote, I've just noticed that I joined almost 14 years ago and have an astonishing148 posts. Better slow it down since I've far exceeded a rate of 10 posts per year.