Shale Impact
Development of Ohio's rich shale resources can generate jobs for Buckeye citizens as well as provide a steady, affordable source of energy for Ohio businesses.
Ohio's steel industry is already experiencing increased demand for steel used in production of the shale
- In February 2011, the Youngstown Vindicator reported V&M Star Steel announced a new plant with 350 new Ohio jobs because of the proximity to Ohio shale production.
- In December 2010, U.S. Steel Corp. announced a $95 million expansion of its Lorain, Ohio, tubing plant, south of Cleveland. It is expected to create 150 temporary construction jobs and 100 full-time jobs in addition to 500 existing jobs. According to the Pittsburgh Tribune-Review, this expansion is directly related to increased demand as a result of shale production..
- The Pittsburgh Tribune-Review reports TMK IPSCO Steel Company “recently doubled production” and is hiring at its Brookfield, Ohio plant.
Ohio can grow jobs and revenues by expanding its production of the Marcellus and Utica shale formations.
Pennsylvania and West Virginia are Benefitting — So Can Ohio
Our neighbors in Pennsylvania and West Virginia have been developing our shared shale formations to the benefit of their employers and workers. In fact, Marcellus Shale development added 57,000 new jobs in 2009 alone — mostly in Pennsylvania and West Virginia.
In Pennsylvania , they are expecting shale production could create more than 200,000 new jobs during the next 10 years.
The same shale formations exist in Ohio. The Buckeye State deserves to share in the economic growth and new job creation.
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