Ohio’s shale industry has helped the state emerge as a national leader in energy, attracting over $70 billion in new private sector energy investments, according to Business Wire. The influx of investments combined with continued job growth, additional tax revenue and an abundance of low-cost, clean shale energy and electricity have had a positive impact on Ohio’s communities, businesses and consumers.
The Utica and Marcellus shale formations in eastern Ohio have accounted for more than 85 percent of shale gas production growth since 2011. They’ve also helped Ohio’s shale gas industry lead the nation in growth for four consecutive years, according to the JobsOhio Shale Investment Report.
Additionally, as many as 12,000 high-paying jobs in Ohio have resulted from the shale gas industry. When indirect jobs such as welders, fabricators and logistical workers are included, this figure exceeds 100,000.