Study estimates value of area’s oil, gas boom (Marietta Times)

Sep 22
By Ashley Rittenhouse –

Hundreds of thousands of jobs could be created and billions of dollars in tax revenue and royalty payments could be generated in Ohio in the coming years as a result of a predicted economic oil and gas boom, according to results of a study released Tuesday.

The economic impact study was released by the Ohio Oil and Gas Energy Education Program (OOGEEP). It was commissioned from Cleveland-based economic research firm Kleinhenz and Associates, Inc. and included input from experts at several Ohio colleges, including Marietta College.

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Chesapeake Energy calls for more US shale oil and gas development

Sep 13

From: Bizmology

A US oil and gas company CEO has a plan for America to get its swagger back.

In the midst of slow economic growth and high unemployment, Chesapeake Energy‘s Aubrey McClendon is offering a big, if not original, idea.

What if the US saved $5 trillion to $7 trillion over the next decade by not importing foreign oil? Echoing T. Boone Pickens, the godfather of the Pickens Plan, McClendon is pitching exploiting abundant undeveloped domestic shale deposits (for both oil and gas in this case) to save the US economy, provide jobs to 400,000 workers, and help America get its mojo working again.

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Oil shale is an alternative (Standard Examiner)

Sep 01

From: Standard Examiner

 

If you want to shake up a hard-core environmental activist, sneak up behind him or her and fiercely whisper … oil shale!

The activist will jump two or three feet in the air, recover his or her composure, and provide 20 reasons why oil shale is not an energy alternative for the United States.

Nevertheless, it ought to be an alternative. It’s time for oil shale to be a top agenda item as an energy source. There is more oil shale — that can be developed into oil — in the western United States than there is oil reserves in the Middle East.

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