Ohio’s Growing Shale Energy Industry Attracted $2.8 Billion in Direct Investment in First Half of 2022, With Cumulative Investment Surpassing $100 Billion
Prepared for JobsOhio, the latest report covers shale investment from January through June 2022 and cumulates total investment from 2011 forward.
- Prepared for JobsOhio, the latest report covers shale investment from January through June 2022 and cumulates total investment from 2011 forward.
- Of this, $70.8 billion has been in upstream, $21.5 billion in midstream, and $8.3 billion in downstream industries.
- The study showed that cumulative shale investment steadily rose between 2016 and 2022, particularly with upstream investments.
- Of that $53 billion in imports, nearly half originate in Asia, with China alone accounting for $25 billion.