Energy Environmental Blog

Good News for Ohio!

Written by Greg Russell | Jan 9, 2012 9:57:38 AM

Despite low natural gas prices, the Zanesville Times-Reporter observes that Utica development in Ohio should continue:  "[T]he Utica Shale, a rock formation thousands of feet below the eastern half of the state, is home to not only trillions of cubic feet of natural gas, but billions of barrels of oil and natural gas liquids. The latter is what attracted investment and will keep money flowing into Ohio, said Tim Rezvan, vice president of senior energy analyst at Sterne Agee."