A detailed overview of the approximately $18 billion in economic development projects occurring as a result of the shale boom in eastern Ohio.
Shale Resource Center
The enormous potential of shale in Ohio and its contiguous states is creating a regional oil and gas “gold rush." This resource center includes a comprehensive array of resources discussing the opportunities, challenges and complexities associated with development of the Utica and Marcellus Shale.
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Rising U.S. shale gas production is driving fear out of the futures market and will constrain prices for the next two decades, says Goldman Sachs Group Inc. in a recent post by Bloomberg. Specifically, Bloomberg reports that Goldman Sachs is forecasting that natural gas will generally trade at $4 to $5 per million British thermal units for the next 20 years. It says gas prices were four times more volatile in 2009 than they are today as production grows for the ninth straight year and new pipelines deliver such gas to customers. For more, read the full story.