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Increased natural gas production saves users nearly $93B in Ohio, Pa. and W. Va.

Thursday, October 24, 2019 by

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Residential, commercial, industrial and electric power generating sectors in Ohio, Pennsylvania and West Virginia have realized a combined savings of over $92.9 billion from 2008 to 2018, due to increased natural gas production in the region, according to a report called Natural Gas Savings to End-Users: 2008-2018, A Technical Briefing Paper.

According to the report, substantial growth in domestic natural gas production nationwide, led by Ohio, Pennsylvania and West Virginia, has resulted in $1.1 trillion in energy savings across the U.S. since 2008. During that time consumers in Ohio have saved over $45 billion, consumers in Pennsylvania have saved over $43.9 billion and consumers in West Virginia have saved over $3.6 billion.

Simultaneously, increased production has made the U.S. the top natural gas producing country in the world, with 85% of the new growth over the last decade coming from Ohio, Pennsylvania and West Virginia, according to Kallanish Energy.

The report was produced by Kleinhenz & Associates and released by the economic development group Shale Crescent USA and the Ohio Oil & Gas Energy Education Program.

Learn more: Kallanish Energy > Shale gas saved users $93B since ’08 in “Shale Crescent’
Read the Report: Natural Gas Savings to End-Users: 2008-2018, A Technical Briefing Paper

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.

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