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Are earthquakes the result of natural gas fracking?

After a newly published study found a potential link between natural gas fracking and earthquakes in Texas, the "Squawk on the Street" anchors discussed the costs and benefits of the controversial process.

"May I be so bold as to say that anytime you extract anything from the ground for energy, it's a problem," said Jim Cramer on Tuesday.

"Whether it be coal, natural gas, oil, there are always problems and that is what you have to live with, basically, if you want to be able to get the energy that the country needs."

(Read More: Fracking controversy in Europe)

The controversy over fracking and earthquakes has also prompted lawsuits in Arkansas, where more than 1,000 small quakes in 2010 and 2011 were blamed on fracking.

—By CNBC's Paul Toscano. Follow him on Twitter @ToscanoPaul and get the latest stories from "Squawk on the Street"

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