Geological, chronological, and structural studies of the Long Valley-Mono/Inyo Craters area document a long history of related volcanic eruptions and earthquakes controlled by regional extensional tectonics of the Basin and Range province. This activity has persisted for hundreds of thousands of years and is likely to continue. The Long Valley magma chamber had a volume approaching 3000 km3 prior to its climatic caldera-forming eruption 0.7 ma but has been reduced to less than a third of this volume by cooling, eruption, and crystallization. Although current unrest is concentrated in the S moat of Long Valley caldera, the Inyo/Mono Craters probably hold a greater potential for producing an eruption in the foreseeable future. The Inyo/Mono Craters have erupted at 500-year intervals over the past 2000-3000 years, whereas the Long Valley magma chamber has erupted at about 200,000-year intervals over the past 700,000 years. In either case, a major earthquake near the caldera could strongly influence the course of volcanic activity.-from Authors
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Active tectonic and magmatic processes beneath Long Valley Caldera, eastern California: an overview ( USA).