A report released today by researchers at Cleveland State University and JobsOhio shows that since the beginning of the Shale revolution in 2011, the oil and natural gas industry has invested more than $100 billion into Ohio’s economy, acting as an essential economic lifeblood to...
In an increasingly partisan world, there is one facet most Americans have in common: a desire for a thriving local economy. For Ohioans, that shared goal is attainable because of the state’s (and region’s) abundant energy supply. The Appalachian Basin, nicknamed the “Shale Crescent” region...
Energy security risk in the United States has reached its lowest point since 1995, according to the Global Energy Institute’s (GEI) 10th annual Index of U.S. Energy Security Risk. This represents a remarkable shift from GEI’s first report in 2010, where they found a deterioration...
The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy....
The Appalachian Basin’s energy future has never looked better. As President Trump explained in a speech during his visit to Shell Chemical’s ethane cracker facility that is currently under construction in Beaver County, Pa.: “With your help, we’re not only unleashing American energy, we’re restoring...
Recent U.S. Energy Information Administration (EIA) reports highlight the fact that the unprecedented surge in U.S. crude oil and natural gas production – made possible by shale development – led to record petroleum and natural gas exports in the first half of 2018. This is...
Nine months ago, EID reported on Acero Junction Inc., a then newly-opened operation making and shipping 19,000 tons of domestically produced steel on the Ohio River. The development of the Utica and Marcellus shale formations in the region brought the company to Mingo Junction, and...
The Town of Hancock, Delaware County, New York is the proposed location for a new compressor station on the Millennium Pipeline. Naturally, local anti-natural gas forces are opposed. What, after all, is there to which they’re not opposed? They held a meeting among themselves to organize...
The Marcellus Shale Coalition (MSC) released today some great news reports discussing the positive impacts natural gas is having across the United States. For our readers who don’t regularly frequent their site, this trade association puts out a wealth of information on the Marcellus Shale...
A new American Petroleum Institute report, prepared by PricewaterhouseCoopers, shows that America’s oil and natural gas industry touches the economy and labor force in every state in the country, contributing invaluable revenue and employment income to all 50 states. Commenting on the data, API President...
Natural gas is a critical component for maintaining American industrial competitiveness during the energy transition, according to an American Chemistry Council white paper published last month. Natural Gas Supports Industry Growth and Competitiveness Natural gas continues to be an economic lifeblood for variety of major...