News

  • Wellsville Intermodal Facility Recommended for Opportunity Zones

    March 27, 2018

    Youngstown Business Journal. The Wellsville Intermodal Facility has been recommended by the state to qualify as one of the nation’s Opportunity Zones. Penny Traina, executive director of the port authority, along with its fiscal officer, Tad Herold, told the port authority board Monday night t [...]

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  • New Study Says Ohio More Profitable Than Gulf Coast For Energy Companies

    March 21, 2018

    Cleveland Scene. Energy companies around the world soon may be setting their sights on Ohio, according to a new study. In a report released by London-based company IHS Markit, petrochemical plants built in parts of Ohio, Pennsylvania, and West Virginia stand to be more profitable than plants in [...]

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  • Shale Crescent Seeks Petrochemical Investment in Appalachian Basin

    March 21, 2018

    Youngstown Business Journal. Investors who elect to spend billions of dollars to construct new petrochemical plants in eastern Ohio, western Pennsylvania, and West Virginia stand to see a better return than building new facilities on the Gulf Coast. That’s the conclusion of a new study commiss [...]

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  • Ohio Tops Gulf Coast for Oil, Gas in Study

    March 21, 2018

    Columbus Dispatch. If you are an energy company with a few billion dollars to spend, Ohio is a much more profitable place to invest than the Gulf Coast, according to a new report that would have seemed audacious just a few years ago. The report, by IHS Markit, was financed by an Ohio economic-de [...]

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  • Utica Shale Well Activity as of March 17

    March 20, 2018

    Martins Ferry Times Leader. UTICA SHALE WELL ACTIVITY AS OF MARCH 17 DRILLED: 268 (233 as of last week) DRILLING: 166 (188) PERMITTED: 488 (497) PRODUCING: 1,865 (1,862) TOTAL: 2,787 (2,780)   Six horizontal permits were issued during the week that ended March 17, and 16 [...]

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  • Anti-Frackers in Y’town Keep Tilting at Windmills

    March 18, 2018

    Youngstown Vindicator. A group of self-appointed guardians of Youngstown are at it again, pushing an amendment to the city’s home-rule charter that is clearly unconstitutional. Sensible Youngstown voters rejected the issue six times, and the Ohio Supreme Court made sure the so-called Community [...]

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