Wednesday, October 12, 2011

Ohio: The New Bakken?

Link here.

Ohio isn't a new player in America's oil and gas industry, but it is increasingly becoming a key player in the Utica shale formation. Termed "the shale gale" by some economists, untapped natural gas from shale is one of the most recently talked about energy developments, with most of that focus targeting Ohio.
Utica Shale, a rock unit located a few thousand feet below the Marcellus Shale, has the potential to become an enormous natural gas resource. Cal Dooley, American Chemistry Council President, recently said at an energy summit hosted at Ohio State University, that at a minimum this form of play could supply at least 100 years of natural gas with the potential of producing up to 200 years.
After you read that article, then re-read this one

No comments:

Post a Comment