Anne Carto's Blog (118)

Utica Shale Increasing Sales Tax Revenue For Local Governments

EID's Shawn shows how local governments around Ohio are benefitting from shale development through increases in sales tax revenue:

"Shale production is rejuvenating economies through out eastern Ohio.  Over the past year, counties with shale development have seen their sales tax increase by as much as 25%, another indicator of the incredible, positive impact the Utica Shale is bringing to the region.  From…

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Added by Anne Carto on January 16, 2013 at 10:59am — No Comments

Matt Damon’s “Promised Land” Twists the Facts

Michael Sandoval, Investigative Reporter, The Heritage Foundation, outlines the misleading agenda surrounding "Promised Land":

"What happens when ideology and facts go their separate ways in Hollywood?

Stick to the ideology — and that’s just what happened in Matt Damon’s newest film, “Promised Land,” according to documentary filmmaker Phelim…

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Added by Anne Carto on January 15, 2013 at 10:01am — No Comments

#ShaleBenefits: After 59 Years, Buckeye Water Services Seeing Growth

EID's Shawn interviews Fred Badertscher, of Buckeye Water Services. At 84 years of age, he is seeing growth to his business from Ohio's Utica Shale:

"Fred Badertscher has been in the oil and gas business for over 59 years and has no plans on slowing down anytime soon.  With the development of the Utica Shale, Buckeye Water Services has retooled their business to become one of the premiere hauling and servicing companies in the Utica.  This success…

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Added by Anne Carto on January 14, 2013 at 10:01am — No Comments

Utica Shale Development is Improving Our Economy and Providing Jobs for Ohioans

Jerry James, Immediate Past President of the Ohio Oil & Gas Association and President of Artex Oil Company, responds to recent comments made by Governor John Kasich and talks about the benefits of shale development in Ohio:

"At a recent event honoring the Ohio State University football team, Gov. John Kasich noted “deep…

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Added by Anne Carto on January 11, 2013 at 11:22am — No Comments

Chesapeake Celebrates their Two Year Anniversary in Ohio

Anyone who has heard about Ohio’s Utica Shale, has heard of Chesapeake Energy.  The Oklahoma-based company started developing the Utica in December of 2010, marking last month its two-year anniversary in Ohio.  Since coming to the Buckeye State, Chesapeake has spent $3.3 billion in capital expenditures and has acquired an industry leading…

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Added by Anne Carto on January 10, 2013 at 9:00am — No Comments

Steel And Chemical Industries Eye Ohio Thanks to Shale

EID's Shawn reports on the revitalization of the the steel and chemical industries in Ohio thanks to shale development:

"Steel and chemical companies are both eying Ohio thanks to Utica Shale development.  In recent weeks both industries have been touting the fact that due to shale development, their industries are seeing brand…

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Added by Anne Carto on January 9, 2013 at 9:00am — No Comments

Shale Development Leads to Economic Growth in the Mahoning Valley

EID's Mike reports on recent positive economic growth in Ohio's Mahoning Valley thanks to shale development:

"Things in Mahoning Valley are trending in the right direction after years of economic stagnation. Shale development is playing a large role in the comeback story of the decade. According to the Youngstown/Warren Regional Chamber, the unemployment rate, the total number of jobs in the…

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Added by Anne Carto on January 8, 2013 at 9:00am — No Comments

Canton Industrial Park Begins to See Growth from Shale

One good way to gauge the positive impact shale development is having on Ohio’s economy is observing the growth and investment in its industrial parks.  EID has reported on the incredible gains of the Wellsville Intermodal Park and several Mahoning Valley…

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Added by Anne Carto on January 7, 2013 at 10:48am — 2 Comments

Top 12 Utica Investments For 2012

EID's Shawn reports on 2012's Top 12 Utica Shale investments:

"In 2012, Utica Shale development brought Ohio significant investments from companies looking to make our state its home.  With the year winding down, it seemed fitting to recap some of the bigger announcements that happened over the past year.  Giving a look to what we’ve seen here in the past 12 months, we can expect 2013 to bring even more exciting news for eastern Ohio.

V&M Star Produces First Tubular Pipe…

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Added by Anne Carto on January 4, 2013 at 10:59am — 1 Comment

UPDATE: Cracking the Nut on OSU’s Jobs Report

EID's Mike updates our break down on the report from Ohio State researchers predicting “only” 20,000 new jobs from Utica Shale development:

"Update (12/27/12): It has been just over a year since the release of the Partridge-Weinstein report, and over fifteen months since the Ohio Oil and Gas Energy Education Program released their…

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Added by Anne Carto on January 3, 2013 at 1:07pm — No Comments

Regional Chamber Helps Local Companies with API Certification

This month, Eric Planey and Sarah Boyarko of the Youngstown/Warren Regional Chamber visited Houston, TX, for three days to meet with representatives of energy companies and trade associations.  From the meetings, they learned they can help local companies be a part of the oil and gas supply chain in Ohio by facilitating American Petroleum Institute (API) certification.

Once you’re an…

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Added by Anne Carto on January 2, 2013 at 10:44am — No Comments

Ohio’s New Energy Promise

EID's Mike reports the US Chamber of Commerce's study showing job growth coming to states around the nation because of shale development:

"This week the United States Chamber of Commerce, through its Institute for 21st Century Energy, released part two of a three-part series studying the topic of shale benefits state by state in a study called America’s New Energy Future. The comprehensive study was…

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Added by Anne Carto on December 31, 2012 at 1:37pm — No Comments

NRDC Out of Its Depth on Ohio Injection Wells

EID-O's Shawn Bennett discusses the shortcomings of NRDC's recent blog post "New Ohio Fracking Waste Underground Injection Rules Still Second Class":

"The Natural Resources Defense Council (NRDC) has its sights set on Ohio, but it continues to drop the ball…

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Added by Anne Carto on August 23, 2012 at 2:10pm — No Comments

Ohio State Rep. Al Landis: As Utica Shale Development Grows so Does Ohio’s Economy

Ohio once again has the opportunity to lead the nation, this time in economic growth and job creation in the field of natural resource development, primarily in developing oil and natural gas. We are fortunate that this opportunity has presented itself to eastern Ohio, which has the potential to create hundreds,…

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Added by Anne Carto on August 16, 2012 at 9:29am — No Comments

Ohio Shale Coalition Sees Tremendous Benefits for Ohio

Executive Vice President of the Ohio Chamber of Commerce and the Executive Director of the Ohio Shale Coalition, Linda Woggon, discusses the incredible change Ohio is seeing because of growing shale development in the Buckeye State:

"Shale energy has the potential to drive economic development and job growth across the Buckeye State. From land payments, infrastructure improvements, well construction and pipelines to the rebirth of the chemical industry and manufacturing, the…

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Added by Anne Carto on August 13, 2012 at 12:25pm — No Comments

OGA Pres. Jimmy Stewart: Natural Gas Development Bringing Jobs, Investment to Ohio

These are exciting times in the natural gas industry here in Ohio and across the United States.  The last four years have brought plunging wholesale natural gas prices due to the combination of substantially increased supplies with only modest growth in demand.  The resulting low prices have created an enormous economic benefit for both gas customers and the overall economy.

Ohio is in a unique position to benefit from the production of oil, natural gas and natural gas liquids from…

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Added by Anne Carto on August 8, 2012 at 9:39am — No Comments

Carroll County Unemployment Craters Thanks to Oil and Natural Gas Development (VIDEO)

Unemployment continues to drop in communities around Ohio as they embrace shale development.  This week, Mike Chadsey of EID-Ohio checked out Carroll County, a community clearly changing for the better because of oil and gas:

"Yesterday, the Akron Beacon Journal reported that Carroll County, Ohio is the first county in the Buckeye State to host 100 Utica…

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Added by Anne Carto on August 7, 2012 at 9:50am — No Comments

Energy In Depth-Ohio launches new Ohio jobs portal, today!

Today, Energy in Depth – Ohio is proud to announce the launch of Ohio’s first energy  jobs portal.

As many Ohioans continue to look for work during a challenging economy, this portal is Ohio’s energy-only jobs site focusing on opportunities supported by the Utica Shale. It is designed as a one-stop resource to help Ohioans and rewarding work in Ohio’s oil and natural gas industry. This site looks to take advantage of the great opportunities our geological…

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Added by Anne Carto on August 6, 2012 at 11:14am — No Comments

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