Energy Policy Center
Development of the Utica Shale is impacting the economy of nearly every one of Ohio’s 88 counties. Although still in the exploration phase, the Utica Shale is triggering wealth creation even as the ongoing build-out of the formation’s midstream of pipelines and processing plants is limiting job creation and productivity.
This quarterly study groups Ohio’s counties into four categories: strong shale, moderate shale, weak shale, and non-shale counties. The results show that strong shale counties are experiencing ongoing enhanced economic activity with job creation that, while slim, outpaces hiring in other areas of the state. This wealth and job creation will continue to be impacted by the underlying value of the oil, natural gas liquids (NGLs) and dry gas. The cost of Ohio energy derived from natural gas remains below the national average.
Hill, Edward W. and Kinahan, Kelly, "Ohio Utica Shale Gas Monitor" (2013). Urban Publications. 0 1 2 3 697.