Growing documentation demonstrates that revolutionary technology has unlocked the Marcellus and Utica shales, driving billions in investment and the beginnings of a new petrochemical hub.
The oil and gas finds in the Marcellus and Utica shale formations located underneath Ohio, Pennsylvania and West Virginia have forever changed the outlook for petrochemical investment in the United States. Going forward, companies would do well to give this region, Shale Crescent USA, a close look before determining where in the United States to commit capital.
Ohio’s energy sector is growing mostly due to large deposits of shale. This brings about more investments from new companies. These investments not only have a direct impact on the companies and their employees, but also indirectly on jobs during construction as well as the economy of the local community. They also bring about potential new opportunities for further business investments.
Leading experts and executives in Ohio discussed public policy issues regarding energy, biohealth, the workforce pipeline and more at the 2016 Republican National Convention in July.
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