Study results

Study results

Projected Economic Impact of Utica Shale Oil and Gas Production by 2014:

$9.6 billion in oil and gas production. Up from $292 million in 2011.

$4.9 billion from lease and right-of-way payments, architectural and engineering services, local retail and other “value-added” impacts. Up from $162 million in 2011.

65,680 jobs related to shale oil and gas production. Up from 2,275 in 2011.

$3.3 billion in “labor income” — pay to workers involved in the industry. Up from $99.8 million in 2011.

Source: Ohio Shale Coalition study, available online at www.ohshalecoalition.com