Study: Shale energy could create 18,000 Ohio jobs – Dayton Business Journal

The emerging shale energy industry in Ohio could create more than 18,000 jobs over the next decade, according to a new study.

Data group IHS Economics prepared the study for the Energy Equipment and Infrastructure Alliance, a national association of supply chain companies supporting the shale oil and gas industry.

About 21,000 are already employed in shale oil and gas supply chain, a $7 billion industry this year that could emerge to an $11 billion industry in 2025.

The supply chain that supports the energy industry will include construction, logistics, professional services and material suppliers.

“Keeping this phenomenal jobs boom on track makes it important for Ohio’s lawmakers, and for that matter all Ohioans, to continue to support safe and responsible shale energy development,” said Toby Mack, EEIA president.

The sometimes-controversial Utica Shale industry is booming in the southeast part of the state as companies look to increase mining there amid criticisms of negative impact on the environment.

They also predicted a 12 percent annual growth in construction jobs supporting shale mining, construction equipment manufacturing and distribution growing by 10 percent annually, and trucking over 9 percent annually over the next 10 years.

Chris Zeigler, executive director of the American Petroleum Institute’s local affiliate, API Ohio, has said the benefits of the industry in southeast Ohio would resonate all over the state.

via Study: Shale energy could create 18,000 Ohio jobs – Dayton Business Journal.