Fracking: Study tags 65,000 jobs, $4.9B boost to Ohio shale

“This really has the potential of being transformational.”

The Associated Press reports:

An academic team enlisted by Ohio’s business sector released a study Tuesday that finds oil and gas drilling will mean more than 65,000 jobs and an almost $4.9 billion investment in the state’s economy by 2014.

Findings of the eight-month study were released to the media and members of the Ohio Shale Coalition, a partnership of energy interests spearheaded by the Ohio Chamber of Commerce.

The group commissioned the study in hopes of displaying the benefits to Ohio’s ailing economy of a boom in shale drilling, including the controversial practice of hydraulic fracturing, or fracking.

A team of economics, energy and geology experts from Cleveland State University, Ohio State University and Marietta College’s Department of Petroleum put together the report…

Read the entire AP report.

Get the report.

Leave a Reply

Your email address will not be published.