Latest CSU Study Still Finds Plenty of Economic Potential in Ohio's Utica Shale
By Dan Shingler, Crain's Cleveland Business
Shale drilling continues to represent an economic opportunity for Ohio. That’s especially true if the state is able to cash in on not just the drilling, but the processing and sale of byproducts related to natural gas and the ethane that comes up with it.
“Ohio should be more than just an extractive economy in which minerals are taken out of the ground and shipped elsewhere to create wealth,” said Andrew Thomas, a co-author and executive in residence at Cleveland State University’s Energy Policy Center. “There could be opportunities to manufacture products here from local resources, employing a local workforce and building a supply chain here,” he added in announcing the report.