Study: Ohio Shale Investments Surpass $100B
COLUMBUS, Ohio – A Cleveland State University study shows that more than $100 billion has poured into Ohio’s oil and gas industry since 2011, when energy companies began exploring the Utica/Point Pleasant shale formation. According to the study, commissioned by JobsOhio and conducted by CSU’s Energy Policy Center at the Maxine Goodman Levin College of Urban Affairs, the shale industry accumulated $100.6 billion worth of investments between 2011 and 2022, JobsOhio said in a press releasePublished by The Business Journal, Youngstown, Ohio.