According to the Federal Reserve Bank of Cleveland, 'U.S. natural gas production expanded by 21 percent between 2009 and 2014. During that time, Ohio and West Virginia more than doubled their output of natural gas, while Pennsylvania increased its output by over 1,000 percent, say the researchers. At the same time, coal production in Kentucky, Ohio, and West Virginia declined, following the trend for the U.S.'
March 1, 2015
Ohio Gov. John Kasich's proposed severance tax rate on oil and gas is 6.5%. But for drillers, it might be effectively more like a rate of 8.75%, and that has the industry concerned.
February 27, 2015
What some companies call 'commercial production' in Ohio is absurd, but they do it anyway to keep mineral rights leases in force and prevent landowners from sharing in the wealth. And they're getting away with it.
February 26, 2015
FirstEnergy's pending power purchase agreement plan asks the Public Utilities Commission of Ohio to allow it to charge customers a bit extra, to essentially subsidize two of its older plants the Davis Besse nuclear plant and the coal-fired W.H. Sammis plant.
February 22, 2015
Ohio Gov. John Kasich might have run up against his toughest opponent yet in terms of raising the state's severance tax on oil and gas, and it isn't the Republican-controlled Legislature that's opposed to the idea philosophically. It's low oil and gas prices, which are giving the drilling industry more rhetoric and evidence of hardship to combat the tax proposal.
February 20, 2015
While low oil prices are bad news for some in the energy industry, they are good news for just about everyone else.
February 17, 2015
The former CEO will step down as executive chairman on that date. Alexander, who began his FirstEnergy career in 1972, also will leave the company's board of directors effective May 1.
February 17, 2015
The court rules 4-3 that Munroe Falls' zoning ordinances and local laws governing oil and gas drilling exceeded the authority of the city's home rule power. Munroe Falls has spent four years trying to stop Beck Energy Corp. from developing an oil and gas well on land within city limits.
February 17, 2015
The power management company will provide electrical safety studies at the Winn Army Community Hospital and 18 clinic buildings located at Fort Stewart and Hunter Army Airfield. Specific contract terms were not disclosed.
February 13, 2015
Raising the tax is necessary to take other steps that would foster growth and entrepreneurial endeavors in Ohio, the governor contends.
February 5, 2015
Two former U.S. senators contend, 'We cannot simply stand by and watch nuclear plants with decades of useful operating life remain undervalued.' They say Ohio's -- and America's -- future 'must include nuclear energy for its carbon-free, reliable energy and jobs and economic growth benefits.'
February 4, 2015
The company cited lack of demand for the oil and gas products it makes as the reason for the shutdown. Vallourec Star said its 500-plus employees will return to work 'after that blackout period' and it is offering six-month voluntary layoffs to employees willing to take them.
January 25, 2015
Northeast Ohio is playing a significant role in U.S. efforts to strengthen the fuel cell supply chain.
January 25, 2015
They are working hard on Spectra Energy's $1.5 billion Nexus pipeline in Medina County. Working hard to keep it out of the county, that is.
January 18, 2015
The price of oil has dropped by more than 50% in about the last six months, to five-year lows of less than $50 per barrel. The low prices are likely to impact shale drilling, which many see as the state's biggest economic success story in decades.
January 16, 2015
Senate Bill 310 affords the biggest users of power the easiest route out from under some of the costs associated with energy efficiency.
January 9, 2015
After seeing its core business shrink in recent years, the Akron-based utility now has new industrial electricity customers that use as much power as a small city -- and it's investing to capture the new business.
January 8, 2015
The Arisdyne system is designed to control a destructive force created when turbulence occurs in a fluid. The companies aim to develop and commercialize the technology through a multi-year joint development agreement.
January 6, 2015
A spokeswoman for the company said the 'temporary idling is a result of the softening in the energy market.' The mill will be shut down for an undetermined period beginning the first week of March.
January 5, 2015
The oilfield business is called Engineered Chemistry; the drilling fluids business is known as Integrity Industries. Closings in the rest of the world 'will occur throughout 2015,' Wickliffe-based Lubrizol said.
December 26, 2014
2014 was a year of a thousand small stories in Ohio's oil and gas world, the majority of which probably will never be told. But there were several events and trends that made headlines and may be affecting the industry and the state's economy in the years to come, some more obvious than others.
December 19, 2014
Professor Jeffrey C. Dick, geology department chair at Youngstown State, recently looked at drilled acreage to date as part of an analysis he did of production depletion rates in the Utica. Early returns suggest that the Utica is behaving much like other shale formations, such as the Marcellus.
November 14, 2014
Ohio might have an image as a land of shuttered factories and out-of-work manufacturing workers, but we still have an opportunity to turn that around. Our industrial base might be just the tool we need to do it.
November 7, 2014
Drillers in some other shale plays might be affected but in Ohio, where it's all about natural gas, falling oil prices are not likely to have a big impact.
October 31, 2014
FirstEnergy and other utilities have fought tooth and nail to keep Ohio from adopting energy efficiency standards. But their efforts might only curtail future increases in demand for power.