Energy and Chemicals
Ohio: The Center of American Energy Transformation
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Low-cost feedstock, unrivaled proximity to markets, and over $90 billion in investment places Ohio among America’s energy leaders.
Ohio’s shale formations, which contain large amounts of natural gas, natural gas liquids, and crude oils, account for 85 percent of U.S. shale gas production growth since 2011.
Combined with a deregulated energy market and the state’s proximity to end markets, these plentiful feedstocks make Ohio the best option for midstream and downstream investment.
A Decade of Development: 10 Years, $100 Billion Invested in Ohio’s Shale Energy Sector
Ohio’s shale gas industry continues to lead the nation in growth due to the presence of the massive Utica and Marcellus shale deposits. To track the oil and gas industry’s impact on our state, JobsOhio worked with Cleveland State University to investigate production and shale-related investment. The Shale Investment Report examines upstream, midstream, and downstream portions of the industry. Because of Ohio’s resources and regulatory environment, total investment in the state’s shale energy sector reached an impressive $100.6 billion over the last decade. This investment has brought thousands of jobs to the state and affordable energy to residential and industrial consumers.
Ohio Helps AMG Vanadium Remain the Global Leader
AMG Vanadium, the global leader in the resid spent catalyst recycling and metal reclamation industry, and the largest ferrovanadium producer in North America, is building a second facility in Ohio in order to expand and respond to growing demand from the global refining and steel industries.
JobsOhio Partners on Key Pipeline Expansion
A new $86 million natural gas pipeline supplying northeast Ohio could catalyze increased economic development and business in the region.
