From: The Honorable Bill Johnson
Sent By: email@example.com
In Case You Missed It: Ohio Shale Development Leads to Job Growth
We write today to bring your attention to two recent reports out of Ohio demonstrating that shale development in the state is having an increasing impact on economic activity.
In December, the Ohio Department of Jobs and Family Services released a report showing that the development of Ohio’s oil and natural gas reserves in the Utica Shale resulted in 30 percent direct job growth from January 2011 to January 2013. In addition to direct shale jobs, indirect job growth from ancillary industries created nearly 6,000 new jobs in the same period, and core related shale jobs paid an average wage of $74,382. Unemployment numbers in Ohio are still far from where they should be, but this report confirms that development of oil and natural gas from shale is helping get Ohio back on track.
Furthermore, a recent report from the Ohio Department of Natural Resources shows that twice as much oil and natural gas was extracted from the Utica shale in the third quarter of 2013 than was extracted in all of 2012.
This increase in domestic energy production is creating a stronger Ohio economy, and leading to more employment opportunities. Ohio energy production is enhancing our nation’s energy security and helping the United States become less reliable on dangerous foreign sources of oil.
The State of Ohio has a long track record of responsibly regulating the industry and energy produced in Ohio must continue to be held to high standards at the state level. Smart regulation requires a balanced approach, and many Ohio businesses across a number of sectors have been held back by the burden and uncertainty of increasing red tape. It is important that the Federal Government not stand in the way of Ohio’s efforts to grow its domestic energy production.
We hope this report is just the beginning of job creation and economic development from shale oil and gas production in Ohio. We look forward to working with our colleagues to move America towards energy security and independence with an all-of-the-above energy policy.
Rob Portman Bill Johnson