I went to the Youngstown area this week to get a preview of the new Utica Shale database and cover the Chamber's Shale Supply Chain Seminar:
"EID-Ohio ventured to Boardman on Wednesday for the Youngstown/Warren Regional Chamber of Commerce’s Shale Supply Chain.... The event was part of the Youngstown Ohio Utica & Natural Gas (YOUNG) series done in partnership with the Ohio Shale Coalition. The seminar invited companies to learn how to take advantage of the growing needs of the oil and natural gas supply chain and the incredible opportunities coming to Ohio thanks to Utica Shale development.
Linda Woggon, Executive Vice President of the Ohio Chamber of Commerce and Executive Director of the Ohio Shale Coalition(OSC), said part of the OSC’s mission is to “fully maximize the potential of this shale play for Ohioans and Ohio businesses”.
To gauge the upcoming opportunities, OSC sponsored an economic study conducted by a broad cross-section of academic researchers from Ohio State University, Marietta College, and Cleveland State University. The study used interviews and development patterns from other shale plays to estimate the opportunities coming to the Buckeye State. The results showed shale development will support 65,680 jobs with an average salary above $50,000 and an additional $3.3 billion in labor income by 2014. Woggon wants companies in the area to be a part of this economic revitalization."
READ MORE, including information on the new database: