Glenn Enslen, Carroll County, Ohio’s economic development director, says the east-central part of the state has been the “forgotten part of Ohio for the last 50 years.” No longer. The development of shale resources have changed that part of the state pretty much overnight. “All of a sudden we’re in the forefront of economic development in the state of Ohio,” Enslen says.

Development of Ohio’s Utica Shale is in its infancy compared to Marcellus Shale activity in next-door Pennsylvania. But the shale regions of Ohio see the signs of an energy-related bonanza in terms of jobs, spin-off jobs and economic growth that lifts all boats. “We’ve seen a huge impact from the oil and gas business,” Enslen says. “We have one local hotel. If you’d like to stay there you can get a reservation in th... more »

During a tour of U.S. Steel’s tubular operations facility in Lorain, Ohio, earlier this week, Sen. Rob Portman was able to see, first hand, the way energy from shale is helping lift a key part of the manufacturing sector.

Actually, the relationship between energy and steel manufacturing has mutual benefits. Developing energy in the Utica and Marcellus shale plays of Ohio and Pennsylvania requires vast amounts of quality steel for the best well casings. So, U.S. Steel and other materials suppliers essentially are helping generate demand for their own products.

In Lorain, the Chronicle-Telegram reports that U.S. Steel recently commissioned a tubular finishing line, reflecting a $100 million investment. The line makes seamless steel pipe for construction and oil and natural gas explorat... more »

So, a couple of weeks ago the Associated Press reported on its own special investigation into whether increased domestic oil exploration and development – supply – has any effect on gasoline prices. AP’s conclusion: There’s no correlation and so more U.S. drilling won’t help.

Since gasoline pricing is more complex than that (see our new website), the more apt question is whether supply can affect the cost of crude oil, which accounts for 76 percent of the price we pay at the pump. It’s elementary: Increase supply and you can put downward pressure on the cost of crude, which is the fundamental driver of pump prices.

That’s what we’ve emphasized in posts on AP’s study here and here. Worth repeating is the review of AP’s report by the Marshall Institute’s William O’Keefe, who noted conf... more »

With a nod to H.L. Mencken, who made art out of presidential punditry nearly a century ago, the current president’s election-year energy campaign is rife with “balder and dash.” Consider two recent administration pronouncements – to allow offshore seismic testing and to expedite permitting for drilling on federal lands – each of which amount to quite a bit less than meets the eye.

Let’s look at the second one first. In North Dakota to see an energy boom in progress, Interior Secretary Ken Salazar pledged a new effort to speed up federal onshore permitting:

“…Salazar touted new automated tracking systems for managing lease sales and monitoring applications to drill wells on public lands that could pare processing time down to 60 days from nearly 300 now.”

Certainly, reducing the... more »

Here’s an interesting video set from the folks at Energy In Depth, showing how natural gas development in Pennsylvania’s Marcellus shale play has lifted the lives of three women and their families. Take a look:

The point underscored throughout: Real people, real lives, real economic empowerment. Three women and three families – their lives made better with the energy-from-shale revolution that has come to Pennsylvania, paying more than $1.8 billion in lease and bonus payments to landowners in 2008 alone and which now employs more than 229,000, almost 2 percent of the commonwealth’s population.

For more information, visit Energy From Shale.