With Over $70 Billion in Energy Investments, Ohio is a Leader in the Energy Industry

With Over $70 Billion in Energy Investments, Ohio is a Leader in the Energy Industry

When you want to be a national leader in energy, you go to a place that leads the nation - that’s Ohio.

Ohio is home to much of the Utica and Marcellus shale plays, which have accounted for 85 percent of the U.S. shale gas production growth since the start of 2011. These shale plays contain large amounts of natural gas, natural gas liquids and crude oils. Ohio’s availability of these plentiful and low-cost feedstocks, combined with its proximity to end markets, make the state the best option for midstream and downstream investments.In Ohio, you can:
  • Take advantage of a rapidly growing energy industry that has attracted $70 billion in investments along the entire value chain, like upstream and midstream expansions that have resulted in downstream accessibility to instate feedstock.
  • Benefit from an efficient start-to-finish construction process, thanks to state law that requires the Ohio EPA to issue permits within 180 days and a highly trained construction workforce known for completing projects swiftly, within budget and with minimal lost time.
  • Prosper in a vibrant market consisting of multimodal transportation capabilities throughout the state that provide national and global access; a growing business population seeking low-cost energy; and a deregulated power market offering unique and customized plans as well as a robust electrical grid.
Many companies along the energy supply chain are located in Ohio, including Marathon, Columbia Gas of Ohio, DuPont, Chesapeake Energy, Oregon Clean Energy Center and PotashCorp. The shale formations are adding to Ohio’s proven place as an energy leader, but Ohio’s energy leadership doesn’t stop there, as it is No. 1 in polymer and plastics output and the No. 1 consumer of polyolefin in the Midwest.  Now, with one cracker under construction in the tri-state region and others in development, Ohio is fast becoming a new regional ethylene market.If you want to power the world, you need an environment with the right mix of resources to empower you. Look no further than Ohio.

Managing Directors

Dana A. Saucier, Jr.
Dana A. Saucier, Jr.
Senior Managing Director
Matt Cybulski
Matt Cybulski
Director

Ohio: An Energy Powerhouse

There’s a tri-state region in the U.S. that not even the Gulf Coast can compete with for valuable energy, and Ohio’s part of it. Ohio sits on the Utica and Marcellus shale formations, which produce natural gas, natural gas liquids and crude oils. These shale plays attracted $70 billion in investment along the energy supply chain, receiving recognition from experts in the U.S. and around the world. Outside of the energy industry, companies are benefiting from both a lower energy cost and a thriving economy.

Ohio’s natural gas industry has been the biggest driver of energy growth in the United States for the last four years, largely due to the Utica and Marcellus shale deposits in eastern Ohio. Cleveland State University’s Maxine Goodman Levin College of Urban Affairs put together the Shale Investment Dashboard in Ohio. This information documents the growing impact of Ohio in the national natural gas industry.

energy report call out

The Future for Natural Gas Production is in Ohio

Ohio’s Appalachian Region currently produces 30 percent of the country’s natural gas supply, a growth of 900 percent since 2010.

In this video, Wally Kandel, founder of Shale Crescent USA, shares with Bloomberg how, thanks to the Utica and Marcellus shale formations, the Shale Crescent will supply 37 percent of U.S. natural gas by 2040. Learn more about why major energy and petrochemical companies are investing in Ohio.

Ohio’s Energy Investments Positively Impact Communities

Ohio’s Energy Investments Positively Impact Communities

Energy projects have a positive ripple effect
Dana Saucier, senior managing director, JobsOhio
May 7, 2018

Ohio’s energy sector is growing mostly due to large deposits of shale. This brings about more investments from new companies. These investments not only have a direct impact on the companies and their employees, but also indirectly on jobs during construction as well as the economy of the local community. They also bring about potential new opportunities for further business investments.

Spray Products Acquires New Facility with Revitalization Support

Spray Products Acquires New Facility with Revitalization Support

Revitalized site meets expansion needs of rapidly growing company
May 7, 2018

Spray Products Corp. has acquired a facility in Medina to accommodate its rapid expansion. Local, regional and state partners came together to support the revitalization of a vacant Valspar spray facility, which is an ideal fit for Spray Products’ production needs.