Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ohio

Showing Original Post only (View all)

Ohiogal

(35,342 posts)
Wed Feb 10, 2021, 02:31 PM Feb 2021

Report: Ohio fracking counties saw declines in jobs, population and income [View all]

A decade earlier, the oil and gas industry was touted as being the savior for the Ohio River valley region, which had weathered the crumbling of the steel industry and watched helplessly as the coal industry declines.

The millions of dollars invested in the Marcellus and Utica region were supposed to translate into local wealth in the form of more jobs, higher incomes and more people moving into the region.

However, a new report released Wednesday by an independent think tank based in Johnstown, Pennsylvania, the Ohio River Valley Institute, showed that 22 counties in Ohio, Pennsylvania, and West Virginia responsible for 90% of Appalachia's oil and gas production saw their share of the nation's jobs, personal income and population all decline.

"In many respects, it's the region that should have theoretically benefited the most from development," said Sean O'Leary, a native of Wheeling, West Virginia, and senior researcher of the institute's 27-page report.

In fact, Ohio fared the worst of the three states examined for economic success.

Seven eastern Ohio counties — Belmont, Carroll, Guernsey, Harrison, Jefferson, Monroe and Noble — were the hardest hit amongst those analyzed, experiencing a net job loss of more than 8% and a population loss of more than 3%.

More

https://www.dispatch.com/story/business/2021/02/10/ohio-fracking-boom-never-translated-more-jobs-and-growth-report-says/4450698001/

***** Ohio: We Can’t Do Anything Right

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Region Forums»Ohio»Report: Ohio fracking cou...»Reply #0