Out of State: Flooding in CO leading to Toxic spill from oil facilities (potential for release of fracking fluids?)

While Californians wait for Governor Brown to sign SB 4 and see how well it will do its job of regulating hydraulic fracturing and other well stimulation processes - folks in Colorado are watching the areas oil production facilities and wondering what is going to happen with the flooding. 

Recent photos taken by residents show tilting tanks and plumes of some unknown substance floating in a rainbow sheen in the flood waters behind a floating tank. 

What safeguards are in place in California in the event of a natural disaster like flood or earthquake to prevent tanks and pipelines from leaking? 

Read a blog post about the leaking in Colorado here: http://www.texassharon.com/2013/09/15/is-there-a-media-blackout-on-the-fracking-flood-disaster-in-colorado/

from TEXASSharon.com a "drilling reform" blog in Texas.