It does make one wonder if that growing void beneath the ground (Ogallala Aquifer) would ever cave in upon itself if a large scale earthquake occurred.
The Central Valley of California has been sinking for years. The Central Valley is a major agricultural region and for a long time, ground water has been pumped out faster than it was being replenished naturally. If there's any place that could cave in during a big earthquake, it would probably be here in California.
However, it's not "fossil" water like the Ogallala and when that's gone, it's gone. China is tapping into her fossil water as her needs expand, and Libya was also building a large project to make the desert bloom, but that might be on hold for the foreseeable future.
Actually, come to think of it, I don't think I've ever read or watched any serious warning about an empty Ogallala ever caving in, though. Maybe it's not really geologically feasible?