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Report: Shale industry has invested over $100B into Ohio’s economy since 2011

Friday, May 19, 2023 by

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A report released earlier this week by Cleveland State University researchers and JobsOhio put the total investment of the oil and natural gas industry into Ohio’s economy at more than $100 billion since the shale revolution began in 2011, according to Energy InDepth.

During the first half of 2022, the total investment in Ohio’s energy sector was approximately $2.8 billion, according to the report. It also showed steady investment growth between 2016 and 2022.

The continued investment in Ohio’s shale industry has helped create jobs and tax revenue within the state.

Learn more: Energy InDepth > New Report: Ohio Shale Industry Cumulative Investment Surpasses $100 Billion

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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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